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    Managers and the Legal Environment
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    Exam 20: Directors Officers And Controlling Shareholders
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    A __________ Occurs When Minority Shareholders Are Forced to Convert
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A __________ Occurs When Minority Shareholders Are Forced to Convert

Question 17

Question 17

Multiple Choice

A __________ occurs when minority shareholders are forced to convert their shares into cash,for example,when a subsidiary merges with its parent.


A) hostile takeover
B) sale of assets
C) freeze-out
D) tender offer

Correct Answer:

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