CFA Practice Question

There are 233 practice questions for this study session.

CFA Practice Question

A group seeking to gain control of a company can use the ______ strategy to persuade shareholders to sell their interests directly to the group.
A. outright sell
B. tender offer
C. proxy fight
Explanation: A tender offer is an offer to purchase some or all of shareholders' shares in a corporation. The price offered is usually at a premium to the market price.

User Contributed Comments 1

User Comment
Michaelali The word "direct" changed the answer to tender offer.If not that the answer will be proxy contest.
You need to log in first to add your comment.