In a tender offer, Alpha Corporation wants to exchange its voting common stock for all of Theta

Question:

In a tender offer, Alpha wants to exchange its voting for all of Theta Corporation’s single class of stock. Only 85% of Theta’s shareholders agree to tender their shares. After the tender, what options exist for Alpha to acquire the remaining shares as part of the reorganization? At a later date? How will a subsequent cash acquisition of the remaining outstanding shares affect the tax treatment of the tender offer?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...