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2 points Uptown Markets has decided to acquire a controlling interest in Gelombang Biru by purchasing shares of stock in the public markets. Which of

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2 points Uptown Markets has decided to acquire a controlling interest in Gelombang Biru by purchasing shares of stock in the public markets. Which of the following statements correctly apply to this acquisition? * 1. Uptown Markets can avoid dealing with the board of directors of Gelombang Biru by purchasing shares in this manner. II. Whether or not Uptown Markets gains control of Gelombang Biru depends upon the willingness of Gelombang Biru shareholders to sell their shares. III. The purchase of publicly-traded shares may be more expensive than an outright merger with Gelombang Biru would have been. IV. If Uptown Markets is successful in acquiring at least 80 percent of the outstanding shares of Blue Jays, the remaining shareholders in Gelombang Biru will be forced to also sell their shares to Uptown Markets. O I, II, and III only O I, II, and IV only I and III only II and IV only O I, II, III, and IV

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