A Friendly Merger Is a ________

question 107

Multiple Choice

A friendly merger is a ________.

• A) merger in which the acquirer gains control of the target firm by buying sufficient shared through private placement
• B) merger in which the acquirer can attempt to gain control of the target firm by buying sufficient shares of the target firm in the marketplace.
• C) merger transaction that is endorsed by the target firm's management, approved by its stockholders, and easily consummated
• D) merger in which the target firm's management acts to deter rather than facilitate the acquisition

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Definitions:

Union Blockade

A naval strategy used by the Union during the American Civil War to prevent the Confederacy from trading by sea, aiming to weaken the southern states economically.

Confederate Blockade

Describes the effort by the Confederate States during the American Civil War to prevent the Union from shipping supplies to its forces via certain ports, notably through the use of naval blockades.

Dilemma

A situation in which a difficult choice has to be made between two or more alternatives, often involving equally undesirable outcomes.

Federal Government

The national government of a federal country, where powers are divided between the central authority and constituent political units.