Which of the Following Is Not True of an Acquisition

question 16

Multiple Choice

Which of the following is not true of an acquisition of equity or tender offers?

• A)No equityholder meetings need to be held.
• B)No vote is required.
• C)The bidding firm deals directly with the equityholders of the target firm.
• D)In most cases,100% of the equity of the target firm is tendered.
• E)All of the above are true of tender offers.

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