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Frequently Asked Questions
  If an entity is acquired by, or merges with, a Nasdaq-listed company, may a former officer of the acquired entity be eligible to qualify as an independent director of the combined entity?
Identification Number 137
Yes. A former officer of an entity acquired by a Nasdaq-listed company may qualify to be an independent director, provided that the former officer was not employed by the company following the completion of the acquisition.
Publication Date*: 7/31/2012 Mailto Link Identification Number: 137
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