Multiple Choice
The current officers of MTC have decided to form a private investment group for the sole purpose of purchasing MTC. These individuals will borrow 90 percent of their offer price. The purchase of this firm is referred to as a:
A) conglomeration.
B) proxy contest.
C) merger.
D) management buyout.
E) consolidation.
Correct Answer:
Verified
Correct Answer:
Verified
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