RayCorp offers to buy out MegaCorp by paying $69 per share. LandCo, who also wants to buy MegaCorp, offers to pay $75 per share. When the bidding process is finally over, RayCorp has offered $85 per share and LandCo has offered to pay $90 per share. MegaCorp agrees to sell to RayCorp on grounds that, all things considered, the takeover by RayCorp would be better for the business. LandCo claims
that MegaCorp should have sold the company to it since it was the highest bidder. Is LandCo correct?
a. Yes. This is a breach of duty. MegaCorp must sell the company to the highest bidder; it cannot give preferential treatment to a lower bidder.
b. No. This is covered by the Williams Act.
c. No. The directors have broad discretion in deciding to whom to sell the company.
d. No. MegaCorp is acting in good faith by considering all things, not just the offering price of the shares.
a
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Which of the following statements concerning the relationship between culture and negotiations is not a true statement?
A. Cross-cultural and international negotiations are much more complex than domestic negotiations. B. It is relatively easy to predict an individual's behavior on the basis of cultural differences. C. The art of negotiation is deciding which strategy to apply when. D. All of these statements are true.
A cooperative business between two or more companies may be:
a. a joint-venture. b. a merger. c. a multinational corporation. d. All of the above
A significant difference between using Access versus Mongo DB to store Falcon Security's video information is:
A) with Mongo DB the video footage and the metadata are stored in separate databases, while in Access the video footage and the metadata are stored in the same database. B) with Mongo DB the video footage and the metadata are stored in the same database, while in Access the video footage and the metadata are stored in separate databases. C) there is no significant difference in using Access versus Mongo DB for storing Falcon's video information. D) Mongo DB cannot be used for querying because it is a NoSQL database.
Describe strength-based management
What will be an ideal response?