In a De Facto Merger

question 16

Multiple Choice

In a de facto merger:

• A)Bidders may be able to avoid all of the target's liabilities
• B)Bidders own at least 30% of the target's stock
• C)Only California law applies
• D)The bidder is considered to have acquired the target even if no formal acquisition took place
• True or False

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Definitions:

Circulate Rumors

The act of spreading unverified or unofficial stories or information among a group of people, often leading to uncertainty or misinformation.

Collective

A term referring to a group of individuals who share or are motivated by at least one common issue or interest, or work together to achieve a common objective.

Intergroup Behavior

Intergroup behavior refers to interactions between members of different groups, influenced by their group affiliations, which can lead to conflict or cooperation.

Group Behavior

Refers to how individuals behave when they are part of a group, including ways their decisions, actions, and reactions are influenced by the group’s dynamics and norms.