Which of the following statements best describes a bootstrap acquisition?
A) The shareholder sells part of his or her stock to a purchaser and then the corporation redeems the original shareholder's remaining stock.
B) The shareholder sells his stock in exchange for cash and debt.
C) The shareholder exchanges his stock for stock of a different corporation.
D) none of the above
A) The shareholder sells part of his or her stock to a purchaser and then the corporation redeems the original shareholder's remaining stock.
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A. Defense mechanism B. Anxiety C. Alternative goals D. Corrective action
Explain the reason behind having a statute of frauds and give arguments for and against having such a statute
Employers have legal grounds for conducting drug tests because every employer has a legal right to ensure that employees perform their jobs competently and that no employee endangers the safety of other workers.
Answer the following statement true (T) or false (F)
You read in The Wall Street Journal that 30-day T-bills are currently yielding 8 percent. Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums: ? Inflation premium 5% Liquidity premium 1% Maturity risk premium 2% Default risk premium 2% ? Based on these data, the real risk-free rate of return is:
A. 0 percent. B. 1 percent. C. 2 percent. D. 3 percent. E. 4 percent.