When a target company's management and board of directors feel that a combination would be a good idea and agree to cooperate with an acquirer, the result is commonly called:
A)a friendly merger.
B)a friendly consolidation.
C)an agreement in principle.
D)None of the above

Question

Quizplus · Accepted Answer

When a target company's management and board of directors agree to cooperate with an acquirer, it is considered a friendly merger. This is because both parties are working together towards a mutual agreement, rather than a hostile takeover where the target company is resisting the acquisition.

When a Target Company's Management and Board of Directors Feel