Suppose that Technology Incorporated wants to acquire Digital Corporation. Technology Incorporated makes a tender offer...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Suppose that Technology Incorporated wants to acquire Digital Corporation. Technology Incorporated makes a tender offer to the shareholders of Digital Corporation to acquire their shares of Digital Corporation. This is a _____ tender offer in which Technology Incorporated is the tender _____ and Digital Corporation is the _____ corporation.
A. friendly; offeree; partner
B. hostile; offeror; partner
C. hostile; offeror; target
D. friendly; offeree; target
E. hostile; offeror; parent
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
