Question: If an acquirer issues a tender offer is it necessary
If an acquirer issues a tender offer, is it necessary for the offering company to buy all of the shares tendered?
Answer to relevant QuestionsWhy is a reverse takeover often immediately followed by a name change of the legal parent corporation?Growth Inc. has just acquired control of Minor Ltd. by buying 100% of Minor’s outstanding shares for $ 6,500,000 cash. The condensed SFP for Minor on the date of acquisition is shown below.Growth is a public company. ...Parch Ltd. purchased 100% of the voting shares of Subbet Ltd. for $ 1,400,000 on October 1, 20X6. The SFP of Subbet Ltd. at that date was:RequiredWhat are the eliminations and adjustments required at the date of acquisition ...When is it necessary to eliminate the profit on intercompany transactions?On January 1, 20X6, Big Inc. acquired 100% of the outstanding shares of Small Corp. for $ 10,000,000 cash. On this date, small had shareholders’ equity of $ 8,000,000, including $ 4,000,000 in retained earnings? Small had ...
Post your question