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    Foundations of Financial Management Study Set 3
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    Exam 20: External Growth Through Mergers
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    Under a Two Step Buy-Out Procedure
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Under a Two Step Buy-Out Procedure

Question 7

Question 7

Multiple Choice

Under a two step buy-out procedure


A) shareholders receive a higher total price than if a single offer is made.
B) the second offer is at a higher price per share.
C) shareholders are encouraged to react quickly to the offer.
D) two of the above are correct.

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