Use the Following Information to Answer the Question(s)below

question 24

Multiple Choice

Use the following information to answer the question(s) below.
You work for a leveraged buyout firm and are evaluating a potential buyout of Associated Steel.Associated Steel's stock price is $15 and it has 10 million shares outstanding.You believe that if you buy the company and replace its management,its value will increase by 50%.You are planning on doing a leveraged buyout of Associated Steel,and will offer $20 per share for control of the company.
-Regarding your tender offer,shareholders will:

• A)not tender their shares since the post LBO price is higher than the offer price.
• B)not tender their shares since the post LBO price is higher than the current price.
• C)tender their shares since the post LBO price is higher than the offer price.
• D)tender their shares since the post LBO price is lower than the current price.

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Definitions:

Memory Strategy

Techniques or methods employed to enhance memory performance, facilitating the encoding, storage, and retrieval of information.

Other-Transforming

An immature interpersonal style in which an individual tries to dominate or coerce a friend into meeting his needs. Acting to change or transform the other; can involve bullying, aggression, or manipulation.

Interpersonal Orientation

The way an individual characteristically interacts on a social level.

Aggressive Behaviors

Actions intended to harm or intimidate others, which can be physical or verbal.