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Arla and MD Foods: The Merger Decision (B)
Two cooperatives have decided to merge and in doing so will create Europe's largest dairy company. Senior management presents its recommendations to the members of the cooperatives and wait for the outcome of the vote. With MD Foods a simple majority was required. With Arla a unanimous "yes" vote was required. If a majority only approved, a second vote was held two weeks later with a majority of two-thirds required to approve the merger. This is a supplement to Arla and MD Foods: The Merger Decision (A), product 9B04M076.
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