Asked by Arber Gashi on Apr 25, 2024
Verified
When a buyer makes what is known as a tender offer for the target's shares,it specifies a price and the form of payment.
Tender Offer
A proposal by an entity to purchase shares from shareholders of another company, usually at a premium to the market price.
Target's Shares
Equity stakes in the Target Corporation, a publicly traded company known for its retail operations.
Price
Exchange value of a good or service.
- Comprehend the methods and tools employed by corporations to secure financing and distribute earnings back to investors.
Verified Answer
SD
Samuel Drumond6 days ago
Final Answer :
True
Explanation :
A tender offer is a public proposal to buy a significant number of shares from the shareholders of a target company at a specified price, often at a premium over the current market price, and it specifies the form of payment, which can be cash, shares of the acquiring company, or a combination of both.
Learning Objectives
- Comprehend the methods and tools employed by corporations to secure financing and distribute earnings back to investors.
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