A US Company Wishing to Take Control of One of Its

question 19

Multiple Choice

A U.S. company wishing to take control of one of its publicly traded competitors must disclose what to the SEC?

• A) name of the target company
• B) number of shareholders involved
• C) reason for the merger
• D) all of the above

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Definitions:

Refund

The process of returning funds to a purchaser in response to a product return, cancellation, or dissatisfaction with services provided.

Endorser

A person who signs their name on a document, often a check, to indicate their approval or to transfer ownership to another party.

Drawer

In a financial context, the person who writes or issues a check or draft instructing a bank to pay a specified sum of money to a designated party.

Liable

Legally responsible or obligated.