A takeover is the acquisition of control over a corporation through a purchase of substantially all of its assets.O TrueO False

Takeover means when one company purchase another company's majority or substantially all of its…

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Accounting

takeover is the acquisition of control over a corporation through a purchase of sub O True O False

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter10: Corporate Governance

Section: Chapter Questions

Problem 8MC

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A takeover is the acquisition of control over a corporation through a purchase of substantially all of its assets.
O True
O False

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Describe briefly four factors which explain why shareholders of acquiring companies rarely benefit from takeovers?
Which of the following is NOT normally regarded as being a barrier to hostile takeovers? a. Abnormally high executive compensation. b. Targeted share repurchases. c. Poison pills. d. Shareholder rights provisions. e. Restricted voting rights.
What options does a company have if its board or management is opposed to an acquisition, a merger, or a takeover?
Ethical Considerations. Are poison-pill defenses ethical? If a potential acquirer buys company stock legally,thereby becoming a part owner of the company, shouldmanagement be allowed to entrench itself against thewishes of this owner? Explain your answer.
When one company buys the assets and liabilities of another company, this is known as which of the following?Choose one answer.a. Limited liability company b. Merger c. Conventional corporation d. Acquisition
Will an acquiring corporation recognize gain or loss when it issues its stock to acquire the assets or stock of target corporation in a reorganization? Explain how it will work. How do exchanging shareholders and security holders determine their basis for the stock and securities received in a corporate reorganization? Give an example
Acquirer Corporation would like to purchase the equity of Target Corporation. Target Corporation has the following financial information and forecasts: *How much is the value of control over Target Corporation from the point of view of Acquirer Corporation?
List three provisions in the corporate charter thataffect takeovers
True or False. a corporation is cease to exist when its shareholders sell their stock.
What are the factors that determine whether the company should use cash acquisition or stock acquisition? Discuss five different defensive tactics that the target company can use to thwart this takeover attempt. 3) What are the possible cash flow benefits from this acquisition?
Which of the following characteristics of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation? a. Separate legal entity b. Separation of ownership and management c. Transferability of ownership d. Limited liability
Explain why firms undertake acquisitions.