The Stock of a Target Company Is Considered "In Play

question 20

Multiple Choice

The stock of a target company is considered "in play" when:

• A)an acquiring company begins working on a takeover plan.
• B)an acquiring company makes a tender offer.
• C)it becomes known that a company is an acquisition target.
• D)a tender offer is endorsed by the target's management.
• E)the acquiring company announces that it wants the target company.

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Definitions:

Report on Manufactures

A seminal document written by Alexander Hamilton in 1791, advocating for the encouragement and protection of manufacturing industries within the United States as a key to economic development.

Protective Tariff

A tariff imposed to protect domestic industries from foreign competition by increasing the cost of imported goods.

Agrarian

Pertaining to agriculture or the agricultural way of life.

Democratic Societies

Communities or nations characterized by a political system in which power is vested in the people, who rule either directly or through freely elected representatives.