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8. Under the provisions of a general cash offer, shares of stock are offered to: A. underwriters on a guaranteed sale basis only. B. current
8.
Under the provisions of a general cash offer, shares of stock are offered to:
A.
underwriters on a guaranteed sale basis only.
B.
current shareholders prior to being offered to the general public.
C.
institutional investors only.
D.
the issuer's employees on a cash purchase basis only.
E.
the general public on a "first-come" basis.
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