According to Withers (2009), Approximately ________________ Percent of People Over

question 32

Multiple Choice

According to Withers (2009) , approximately ________________ percent of people over the age of 65 had never used email or the internet.

• A) 45
• B) 35
• C) 15
• D) 25

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Definitions:

Acquiring Company

A company that purchases more than 50% of the shares of another company, making the latter its subsidiary.

Tender Offer

A public, open offer or invitation (usually announced in a newspaper) by a prospective acquirer to all stockholders of a publicly traded corporation to tender their stock for sale at a specific price during a specified time.

Book Value

The net value of a company's assets minus its liabilities, as shown on its balance sheet, often used to estimate the company's value.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors.