Armando Investment Group wants to take over TechInfo. Armando offers several key shareholders of TechInfo a price above full market value for their stock. What type of takeover is Armando contemplating?
A) Leveraged Buyout.
B) Tender Offer.
C) Exchange Offer.
D) Cash Tender Offer.
E) Exchanged Tender Offer.
Correct Answer:
Verified
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