A _______ offer may be made by an existing shareholder or an acquirer who holds no shares in the target company.
A)Voluntary
B)Conditional
C)Competing
D)Mandatory Tender

Question

Quizplus · Accepted Answer

A voluntary offer is made by either an existing shareholder or a potential acquirer who does not currently hold shares in the target company, indicating that participation in the offer is at the discretion of the shareholders of the target company.

A _______ Offer May Be Made by an Existing Shareholder