Under the Williams Act, _______________. (a) If shareholders offer more stock than the bidder wants, it must purchase shares pro
Question:
Under the Williams Act, _______________.
(a) If shareholders offer more stock than the bidder wants, it must purchase shares pro rata
(b) Target companies must reveal the names of any shareholders who acquire more than 5 percent of its stock
(c) A bidder must file a disclosure statement at least 24 hours before the tender offer begins
(d) Once a shareholder has accepted a tender offer, she cannot withdraw it
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Related Book For
Essentials Of Business Law
ISBN: 9781337404198
6th Edition
Authors: Jeffrey F Beatty, Susan S Samuelson
Question Details
Chapter #
34- MANAGEMENT DUTIES
Section: Multiple Choice
Problem: 3
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Question Posted: August 31, 2023 04:12:12