Which of the following is a document describing a target firm's important characteristics to potential acquirers?
A)Letter of intent
B)Offering memorandum
C)Prospectus
D)Break form

Question

Quizplus · Accepted Answer

An offering memorandum, also known as an information memorandum or a confidential information memorandum, is a document that provides detailed information about a target firm's financial and operational performance, management team, industry trends, and other important characteristics to potential acquirers. It is typically used in the M&A process to help potential acquirers make informed decisions about whether to pursue a deal with the target firm. A letter of intent is a non-binding agreement that outlines the key terms of a proposed transaction, while a prospectus is a document used to sell securities to the public. "Break form" is not a relevant term in M&A.

Which of the Following Is a Document Describing a Target