A Tender Offer Is One in Which the Firm's

question 8

Multiple Choice

A tender offer is one in which the firm's:

• A) management offers to sell the company to an acquirer.
• B) board of directors offers to sell the company to the public.
• C) shareholders are propositioned to sell their shares to outsiders.
• D)management offers to buy all outstanding shares of the corporation.

---

Definitions:

IQ Score

A measure of a person's intelligence as indicated by an intelligence test, normalized so that the average score within an age group is 100.

Average IQ

A statistical measure that represents a person's cognitive abilities in relation to the population average, with the population average set at a score of 100.

Broad Average

A general or wide-ranging statistical measure that represents the typical value of a set of numbers or quantities.

IQ Score

An IQ score is a standardized measure of human intelligence and cognitive abilities, based on a series of tests that compare individual performance to age-group norms.