Which of the Following Is a Valid Tender Offer Rule

question 70

Multiple Choice

Which of the following is a valid tender offer rule?

• A) The offer cannot be closed after 20 business days after the commencement of the tender offer.
• B) The offer cannot be extended if the tender offeror increases the number of shares it will take or the price it will pay for the shares.
• C) Any increase in price paid for shares tendered must be offered to all shareholders, including those who have previously tendered their shares.
• D) A shareholder who tenders his or her shares loses the right to withdraw them prior to the closing of the tender offer.

---

Definitions:

Charismatic

Possessing a compelling charm or appeal that inspires devotion or admiration in others.

Antidiscrimination

The practice or policy of preventing unequal treatment of people based on certain characteristics such as race, gender, age, or sexual orientation.

Civil Rights

The rights of citizens to political and social freedom and equality.

Relative Deprivation

A feeling of dissatisfaction or injustice experienced by individuals who perceive themselves as having less than others to whom they compare themselves.