A tobacco growing and manufacturing company Solan Nicotin Ltd , a general insurance company We Got Covered Ltd, and a copper and gold miner Shiny Coin Ltd each made independent bids to fully acquire Spider Investments Ltd - a small financial institution specializing in residential mortgage lending. After a lengthy bidding process that until now resulted in rejected offers, the current highest price offered by one of the potential acquirers has been voted as acceptable by most of the Spider Investments Ltd's voting shareholders. 

What type of acquisition (if it went ahead) would it  consider?

Answer rating: 100% (QA)

Answer I If Spider Investments Ltd accepts the current highest price offered by one o... View the full answer