An attempt to gain control of the firm by buying sufficient shares of the target firm in the marketplace is known as a _________ and is typically accomplished through a _________.
A. friendly takeover; tender offer
B. hostile takeover; merger
C. friendly takeover; merger
D. hostile takeover; tender offer
Answer:D
An attempt to gain control of the firm by buying sufficient shares of the target firm in the marketplace is known as a _________ and is typically accomplished through a _________.
A. friendly takeover; tender offer B. hostile takeover; merger C. friendly takeover; merger D. hostile takeover; tender offer