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An attempt to gain control of the firm by buying sufficient shares of the target firm in the marketplace is known as a ________ and is typically accomplished through a ________.

Asked 1 year ago
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a. friendly takeover; tender offer
b. hostile takeover; merger
c. friendly takeover; merger
d. hostile takeover; tender offer

1 Answer

2

Answer:

d. hostile takeover; tender offer

Explanation:

The hostile takeover is the transaction of the merger in which the management of the firm i.e. targeted would not support and acquirer could attempt to gain the control for purchasing the enough shares. And this could be achieved via a tender offer

Therefore as per the given situation, the option d is correct

hence, the same is to be considered

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Dr. Javonte Rath
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answered 1 year ago

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