Reference no: EM132987284

Problem 1: If the acquirer offers to buy a number or shares at one price and more at a later date, the offer is called:

a) White Knights

b) Two-tiered offer

c) Poison Pill

d) Greenmail

Problem 2: Once the bidding firm accumulates enough shares to gain control of the target company, the bidder may initiate a ______ by calling a special shareholders meeting seeking approval for a merger.

a. Two-tiered offer

b. Back-end merger

c. No-shop agreement

d. Reverse Breakup

Problem 3: The minority shares may be subject to a/an ___ since they are worthless to the bidder than those acquired in the process of gaining control.

a. Interest rate

b. Discount

c. Minority discount

d. Majority discount