The requirement that the bidder in a tender offer pay all security holders that tender shares the highest price paid in a tender offer is best described as the:
A) best price rule.
B) acquisition rule.
C) underwriting rule.
D) tender offer rule.

Question

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The Answer of The requirement that the bidder in a tender offer pay all security holders that tender shares the highest price paid in a tender offer is best described as the:
A) best price rule.
B) acquisition rule.
C) underwriting rule.
D) tender offer rule.

The Requirement That the Bidder in a Tender Offer Pay