A problem with the tender offer mechanism in a takeover is the . The term refers to a situation in which rational behavior by each individual shareholder results in shareholders as a group being worse off
If individual target shareholders (correctly) foresee that the value of their shares will be worth more after the takeover than they will receive in the tender offer, they will choose not to tender their shares.
a. holdover problem
b. free rider problem
c. holdout problem
d. non-tender problem
B
Business
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The settlement option that will pay the largest amount to the beneficiary regardless how long he lives is
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In a 1031 tax-deferred exchange which of the following is taxable?
A. only cash received is taxable B. only mortgage debt relief is taxable C. boot D. the amount of gain is taxable
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