Asked by Marisa Mckay on Jun 15, 2024

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An attempt at a(n) ________ occurs when one corporation makes a tender offer to the shareholders of another corporation.

A) merger
B) consolidation
C) stock acquisition
D) asset acquisition

Tender Offer

A public proposal made by a person or company to shareholders to buy shares of a corporation, typically at a premium over the market price.

Stock Acquisition

The purchase of enough of the voting stock of a corporation to allow the buyer to control the corporation. Also called takeover.

Merger

The combination of two or more companies into one, where one corporation is completely absorbed by another corporation.

  • Gain insight into the legal principles governing business activities, particularly mergers, acquisitions, and antitrust rules.
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Verified Answer

MS
Manpreet SandhuJun 19, 2024
Final Answer :
C
Explanation :
A tender offer is an attempt to acquire a controlling stake in another corporation by purchasing shares directly from its shareholders. This is a form of stock acquisition, which differs from an asset acquisition because it involves buying ownership in the company rather than specific assets or divisions. A merger or consolidation involves combining two companies into one entity, which is not necessarily the goal of a tender offer.