Which of the following is true of a tender offer?
A) It can be closed before 20 days after the commencement of the tender offer.
B) It need not be notified to the management of the target company until the offer is made.
C) It need not be extended if the tender offeror increases the number of shares it will take.
D) It can be subjected to dissenting shareholder rights that are available to the shareholders.
Correct Answer:
Verified
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