Complex sentence: In the US squeeze-outs are governed by State laws, e.g.8 Delaware Code § 253 permits a parent corporation owning at least 90% of the stock of a subsidiary to merge with that subsidiary, and to pay off in cash the minority shareholders.
Split into simpler sentences: In the US squeeze-outs are governed by State laws. E.g.8 Delaware Code § 253 permits a parent corporation owning at least 90% of the stock of a subsidiary to merge with that subsidiary, and to pay off in cash the minority shareholders.