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Which of the Following Provides Procedural Fairness When Controlling Shareholder

Question 11

Multiple Choice

Which of the following provides procedural fairness when controlling shareholder engages in a transaction,such as a merger,with the company it controls?


A) A determination of the target's intrinsic value regardless of maximum shareholder value
B) The use of independent committees,advised by independent financial consultants
C) An arm's-length bias
D) A no-talk provision

Correct Answer:

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