5.1 Report of the management
The management board (the managing directors) of each of the merging companies must prepare a report on the proposed cross-border merger for the shareholders and employees explaining and justifying the legal and economic aspects of the cross-border merger and its implications for shareholders, creditors and employees. This report must be made available to the shareholders at least one month prior to the date of the shareholders' meeting held to decide upon the proposed cross-border merger and to the employees' representatives, if any, or the employees themselves, no later than on the date of publication of the information on the cross-border merger in the national gazette.
