In a Hostile Takeover Attempt,the Bidder Typically

In a hostile takeover attempt,the bidder typically

A) makes a tender offer to the target shareholders at a price substantially less than the prevailing share price.
B) makes a tender offer to the target shareholders at the prevailing share price.
C) makes a tender offer to the target shareholders at a price substantially exceeding the prevailing share price.
D) seeks to merge with the target company with an exchange of shares.