5 Obtaining voting rights from existing shareholders to control the board of a company is termed a a b Proxy Fight standstill agreement Greenmail White Squire d 6 Which of the following is NOT a type of divestiture? a b Sale Spin-off Carve-out Conglomerate d 7 Tax reduction may be a powerful incentive for some acquistions. This reduction can come all of the following EXCEPT a b d use of tax losses use of unused debt capacity use of surplus funds increased debt capacity all of the above are considered tax gains e 8 Company T is a levered firm with debt of 25% and Equity of 75% and a cost of Equity of 19.9% and debt cost of 10%. Tax rate is 40%. What is the levered firms WACC? a 16.425% 17.255% 18.004% 19.900% d