FOUND.OF FINANCIAL MANAGEMENT-ACCESS
17th Edition
ISBN: 9781260519969
Author: BLOCK
Publisher: MCG
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Chapter 20, Problem 12DQ
Summary Introduction
To explain: The purpose(s) of the two-step buyout process from the viewpoint of the acquiring company.
Introduction:
Two-step buyout process:
In a two-step buyout, the subsidiary of the acquirer is subject to commencing a tender offer for all its shareholders within a few days of signing the agreement of merger. On acquiring the control over the company, the two corporations are merged.
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FOUND.OF FINANCIAL MANAGEMENT-ACCESS
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