Which of the Following Is True of a Tender Offer

question 9

Multiple Choice

Which of the following is true of a tender offer?

• A) It can be closed before 20 days after the commencement of the tender offer.
• B) It need not be notified to the management of the target company until the offer is made.
• C) It need not be extended if the tender offeror increases the number of shares it will take.
• D) It can be subjected to dissenting shareholder rights that are available to the shareholders.

---

Definitions:

DZ Twins

Dizygotic twins, also known as non-identical twins, who are born from two separate eggs fertilized by two different sperm.

Environment Share

The portion of environment that contributes to the similarities in upbringing and experiences among individuals living in the same household.

Nonadditive Effects

Phenomena in genetics where the effect of inheriting a specific allele combination is not simply the sum of the individuals' parts, often seen in polygenic traits.

Identical Twins

Twins who originate from the same fertilized egg and share the same genetic material.