Going-Private Transaction in Which a Large Percentage of the Money

question 295

Multiple Choice

Going-private transaction in which a large percentage of the money used to buy the outstanding stock is borrowed is called a:

• A) Tender offer.
• B) Proxy contest.
• C) Merger.
• D) Leveraged buyout.
• E) Consolidation.

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Definitions:

Capital Items

Long-term assets acquired or used by a business to generate income and not intended for resale in the normal course of operation.

Symbolic Attributes

Symbolic attributes refer to the intangible qualities that imbue products or brands with meaning beyond their functional use.

Service Attributes

The inherent characteristics and features of a service that contribute to its value and quality from the perspective of the customer or user.

Physical Characteristics

The tangible attributes or features of a product or material that can be measured, such as size, shape, color, weight, and texture.