Which of the Following Is the Best Definition of a Tender

question 65

Multiple Choice

Which of the following is the best definition of a tender offer?

• A) Combinations of firms that have been joined by merger, consolidation, or acquisition.
• B) A public offer by one firm to directly buy the shares from another firm.
• C) The positive incremental net gain associated with the combination of two firms through a merger or acquisition.
• D) Agreement between firms to cooperate in pursuit of a joint goal.
• E) Corporate takeover bid communicated to the shareholders through a stock exchange.

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Definitions:

Byte

A unit of digital information that most commonly consists of eight bits, representing a single character of data in most computer systems.

Database

An organized collection of structured information, or data, typically stored electronically in a computer system.

Entity

In general context, an entity refers to any distinct, existent thing or unit, including individuals, organizations, or other identifiable things in a particular domain of discussion.

Record

A grouping of logically related fields.