In the sale for cash of a privately held business operated as a Delaware corporation, a sale of assets may be preferable

[answerhappygod]

In the sale for cash of a privately held businessoperated as a Delaware corporation, a sale of assets may bepreferable to a reverse subsidiary merger in that:
a. A sale of assets opens up the possibility of doing a tax-freereorganization
b. The corporation’s shareholders will not be entitled toexercise appraisal rights in a sale of assets for cash
c. The sale of assets structure is less likely to trigger“change of control” provisions in the corporation’s contracts
d. None of the above