In Terms of Shareholder Approval Requirements, the Main Difference Between

question 18

Multiple Choice

In terms of shareholder approval requirements, the main difference between a cash transaction and a share transaction is:

• A)The approval of both sets of shareholders is often required for a cash transaction, but not for a share transaction.
• B)The approval of both sets of shareholders is often required for a share transaction, but not for a cash transaction.
• C)No approval is required for share transactions where the deal value is less than 50% of the value of shares outstanding.
• D)The approval of the acquiring firm's shareholders is required for a cash transaction.

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Definitions:

Confidence Interval

An interval of values, derived from statistics gathered from a sample, expected to cover the value of a hidden parameter in a population.

Standard Error

A statistic that measures the accuracy with which a sample distribution represents a population using the standard deviation of the sampling distribution.

Confidence Interval

A selection of values, based on sample results, assumed to incorporate the value of an obscure population parameter.

Mean

The average value of a data set, calculated by adding up all the numbers in the set and then dividing by the count of the numbers.