When Target Shareholders Exchange Their Old Stock for New Stock

question 35

Multiple Choice

When target shareholders exchange their old stock for new stock in the acquiring firm,this is known as a(n) :

• A)exchange swap.
• B)stock exchange.
• C)term swap.
• D)stock swap.

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Definitions:

Richer People

Individuals or groups who have a significant amount of wealth or assets compared to the average population.

Environmental Degradation

The deterioration of the environment through depletion of resources, destruction of ecosystems, and pollution.

Property Rights

The legal rights to use, control, and derive benefit from property, whether it is tangible or intangible.

Privately Owned

Something that is owned by individuals or corporations rather than the government or the public.