Senate Concurrence Clears SB 25 to Streamline Corporate Merger Process
Lawmakers concurred in Assembly amendments to SB 25, moving the bill forward after the author described it as aligning California's merger review process with federal procedures and noting support from the California Chamber of Commerce.
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The California State Senate on Jan. 29 concurred in Assembly amendments to SB 25, a bill sponsored by Sen. Michael Umberg that aims to streamline state review of corporate mergers and align California’s process with the federal review timeline.
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