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preferred stock and common stock? 37. Northwestern Ltd. (NW) acquires the only class of stock of Southeastern Ltd. (SE) from the latte shareholders. Which

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preferred stock and common stock? 37. Northwestern Ltd. (NW) acquires the only class of stock of Southeastern Ltd. (SE) from the latte shareholders. Which of the following independent transactions qualify as a Type B reorganization a. NW issues its voting convertible preferred stock for all of SE's stock. b. NW, which has owned 60 percent of SE's stock for eight years, acquires the remaining 40 pe for its voting common treasury stock. c. SE redeems the stock of 15 percent of its shareholders with cash, whereupon NW issues its v common stock for the remaining 85 percent. d. NW acquires 80 percent of SE's stock, 78 percent for its voting stock and 2 percent for cash (1 lieu of fractional shares). e. NW acquires all of SE's stock for its voting common stock plus options to buy more voting common stock. f. Same as (a), but NW promptly liquidates SE and acquires its assets. g. As part of the same plan, NW acquires 30 percent of the SE stock for cash and the remaining 70 percent for voting stock six months later. hp f10 441 f11 9 O ? DE f12 ins prt sc P { + } delete home num backspace loc

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