Consider the following two statements: (i) In a merger, the bidding firm can deal directly with the shareholders of a target firm via a tender
Offer.
(ii) Complete absorption of one firm by another requires a merger.
A) (i) is correct, (ii) is incorrect.
B) (ii) is correct, (i) is incorrect.
C) Both (i) and (ii) are correct.
D) Both (i) and (ii) are incorrect.
E) (i) and (ii) only hold in a hostile takeover.
Correct Answer:
Verified
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