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If XYZ Company Makes a Tender Offer for 95% of ABC

Question 11

Multiple Choice

If XYZ Company makes a tender offer for 95% of ABC Company and 75% of the shares are tendered. What percentage of shares tendered do each shareholder that accepted the tender offer get to tender?


A) 75.00%
B) 78.95%
C) 95.00%
D) 100.00%

Correct Answer:

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