A corporation's creditors want to be notified when the firm is dissolved so that they can make a tender offer.

Question

Quizplus · Accepted Answer

Creditors are typically interested in being notified of a corporation's dissolution so that they can collect any outstanding debts they are owed. They are not typically interested in making a tender offer, which is an offer to purchase shares of the corporation's stock. Tender offers are more often made by shareholders or potential buyers of the company.

A Corporation's Creditors Want to Be Notified When the Firm