Where the acquirer buys shares of the acquiree from the shareholders, there is _____ effect on the acquiree records.
A)considerable
B)minimal
C)contingent
D)no

Question

Quizplus · Accepted Answer

When shares of the acquiree are bought from the shareholders, there is no effect on the acquiree's records because the transaction is between the shareholders and the acquirer, not involving the acquiree itself.

Where the Acquirer Buys Shares of the Acquiree from the Shareholders