A-------------- is a type of corporate action in which an acquiring company makes an offer to the target company's shareholders to buy the target company's shares to gain control of the business.
A)Takeover bid
B)Merger bid
C)Finance bid
D)Invitation bid

Question

Quizplus · Accepted Answer

A takeover bid is when one company makes an offer to purchase the shares of another company (target) to gain control of that company.

A-------------- Is a Type of Corporate Action in Which an Acquiring