Adam Is a Major Stockholder in Precision Transmission Services (PTS)

question 71

Multiple Choice

Adam is a major stockholder in Precision Transmission Services (PTS) , a nationwide network of transmission repair shops founded by his father. Currently, PTS stock is sold on the open market, but Adam has talked to several relatives about his desire to get all of the PTS stock back in his family's hands. Adam is interested in _______________________________.

• A) taking the firm private
• B) a hostile takeover of the firm
• C) converting the firm to a general partnership
• D) forming a master limited partnership

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Definitions:

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Nonexclusive groups that have a set of values in common; an individual may be part of several cultural groups at the same time.

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The practice of communicating in a gentle, quiet tone of voice to convey respectfulness or to avoid conflict.

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