Question
A(n) ________ may occur if a major shareholder desires to sell a large number of shares but the market for the shares is not sufficiently
A(n) ________ may occur if a major shareholder desires to sell a large number of shares but the market for the shares is not sufficiently liquid to sustain such a large sale without severely affecting the price.
| A. | None of the provided answers are correct | |
| B. | open market share repurchases | |
| C. | Dutch auction share repurchases | |
| D. | tender offer |
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Multinational Finance
Authors: Kirt C. Butler
3rd Edition
0324177453, 978-0324177459
