Moving to the next question prevents changes to this answer Question 4 tender offer can best be defined as a A combination of firms that have been joined by merger, consolidation or acquisition b. The complete absorption of one company by another where the acquiring firm retains its identity and the acquired firm A merger in which a new firm is created and both the acquired and acquiring firin cease to exist od A public offer by one firm to directly buy the shares from another c. A corporate takeover bid communicated to the shareholders through direct mail