DIFFICULT Supersize Manufacturing Ltd. has been trying to gain control of its major competitor Really Big Manufacturing Inc. Over the last 90 days it has been able to purchase, on the open market, 105,000 shares of it's competitor in groups of 35,000 shares. For the first group it paid $16.25 per share. For the second group, it paid $19.50 per share but then it was released to the market that Really Big Manufacturing Inc. was having cash flow problems due to a major client becoming bankrupt. The third group of shares was purchased for $13.75 per share just 3 days ago. Supersize has significant cash flow and could turn things around quickly if it could control Really Big. It decided to tender a takeover bid at the lowest legal offer price. How much did they offer per share? $13.75 per share $19.50 per share You Answered O $16.25 per share Correct Answer $16.50 per share