Which of the following statements is most CORRECT?

A. Regulations in the United States prohibit acquiring firms from using common stock to purchase another firm.
B. Defensive mergers are designed to make a company less vulnerable to a takeover.
C. Hostile mergers always create value for the acquiring firm.
D. In a tender offer, the target firm's management always remain after the merger is completed.
E. A conglomerate merger is one where a firm combines with another firm in the same industry.


Answer: B

Business

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Which of the following statements is true of sale of collateral?

A. If the creditor has a security interest in consumer goods and the debtor has paid 60 percent or more of the purchase price, the creditor must sell the repossessed collateral. B. The creditor must sell the collateral unless the consumer orally objects to the sale, otherwise, the creditor may keep the collateral in satisfaction of the debt. C. In disposing of the collateral, the creditor must use a commercially reasonable method to produce the greatest benefit to himself and not to the debtor. D. If less than 80 percent of the purchase price has been paid, the creditor may propose to the debtor that the creditor keep the collateral in satisfaction of the debt.

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Organizational communication focuses on ______.

A. internal behavior B. two or more people exchanging perceptions C. formal and informal meetings D. how a group of tasks is linked to complete a job

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When a mixed cost is graphed the Y-intercept corresponds to the

A) variable rate B) fixed cost C) total fixed cost + total variable cost D) number of units sold

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The phenomenon that a dollar in cost savings increases pretax profits by a dollar, while a dollar increase in sales increases pretax profits only by the dollar multiplied by the pretax profit margin is known as the:

A) profit margin. B) return on assets. C) saving to spending ratio. D) profit leverage effect.

Business