Which of the following is not true of an acquisition of equity or tender offers?
A) No equityholder meetings need to be held.
B) No vote is required.
C) The bidding firm deals directly with the equityholders of the target firm.
D) In most cases,100% of the equity of the target firm is tendered.
E) All of the above are true of tender offers.
Correct Answer:
Verified
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