Bev is required to give Maxom notice of her intention to use her right as a dissenter and to oppose or abstain from voting on the merger.
Maxom must then provide her with information on how to make a payment demand (based on the fair market value of her shares) before she may make that request. The money will then be given to Bev by Maxom if they are able to agree on a price. Otherwise, the fair market value of her shares will be established by the court, and Maxom will be mandated to pay Bev that sum.
Was intended by dissenter?
Abbreviations: dissenters
People who disagree with what other people believe or what is considered official policy are known as dissenters. Dissenters are not allowed to join the party. Synonyms include protester, dissident, nonconformist, and objector. Dissenter Synonyms - More.
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