A Deal in Which All Publicly Owned Stock in a Firm

question 25

Multiple Choice

A deal in which all publicly owned stock in a firm is replaced with complete equity ownership by a private group is called a:

• A) Tender offer.
• B) Proxy contest.
• C) Going-private transaction.
• D) Leveraged buyout.
• E) Consolidation.

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Definitions:

Job Performance

The level to which an employee accomplishes task requirements and fulfills job duties and responsibilities.

Honest

The quality of being truthful and transparent in one's actions and communications, avoiding deceit or fraud.

Political Skill

A combination of social astuteness with the capacity to adjust and adapt behavior to the demands of different situations.

Ingratiating

An attempt to increase one’s attractiveness to others to influence their behavior