In a Tender Offer, Which of the Following Is True

question 124

Multiple Choice

In a tender offer, which of the following is true?

• A) Both acquiring and target firms are required to disclose their intentions to the SEC
• B) The target's management cannot advise its shareholders how to respond to a tender offer until has disclosed certain information to the SEC
• C) Information must be disclosed only to the SEC and not to the exchanges on which the target's shares are traded
• D) A and B
• E) A, B, and C

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Definitions:

Interview

A formal meeting in which one or more persons question, consult, or evaluate another person.

Situational Interview

A type of job interview where candidates are asked to describe how they would respond to hypothetical job-related scenarios.

Business Details

Specific facts or pieces of information related to the operation, strategies, or background of a company.

Common Sense

Practical judgment concerning everyday matters or basic intelligence that is shared by a significant number of people.