A merger may be stopped if a majority of the target's stockholders _____the price offered by the acquiring company.
A)reject
B)accept
C)negotiate
D)ignore

Question

Quizplus · Accepted Answer

If a majority of the target's stockholders reject the price offered by the acquiring company, they can vote against the merger, effectively stopping it. If they accept or negotiate the price, the merger can proceed. Ignoring the offer would not necessarily stop the merger process.

A Merger May Be Stopped If a Majority of the Target's