Under a two step buy-out procedure
A) shareholders receive a higher total price than if a single offer is made.
B) the second offer is at a higher price per share.
C) shareholders are encouraged to react quickly to the offer.
D) two of the above are correct.

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The Answer of Under a two step buy-out procedure
A) shareholders receive a higher total price than if a single offer is made.
B) the second offer is at a higher price per share.
C) shareholders are encouraged to react quickly to the offer.
D) two of the above are correct.

Under a Two Step Buy-Out Procedure