Question $1(1$ point$)$

If an acquirer tries to gain control of a firm via a proxy contest, they try to get enough proxies or rights to

vote and elect their own slate of directors to the corporate board.

True

False

Question $2(1$ point$)$

WL Ross is a turnaround specialist, and the firm often purchases selected assets from firms that are in

bankruptcy. In the early $2000$ s$,$ the company bought assets from firms in the coal and steel industries.

True

False

Question $3(1$ point$)$

In a leveraged buyout, an LBO, a small group of investors buys the firm from the

current investors using a significant amount of debt.

True

False

Question $4(1$ point$)$

RJR Nabisco was trading at when Ross Johnson and Shearson Leeman first offered to buy

out the firm in $1988.$ Their initial bide was for

a share. The final winning bid made a few

months later by KKR was fol

i snare.

$$56,$$$65,$$$87$

$$56,$$$75,$$$135$

$$56,$$$65,$$$78$

$$56,$$$75,$$$109$

Question $5(1$ point$)$

If an investor owned $100$ shares of Kraft Foods Inc. before the spinoff of Kraft Foods Group, after the

spinoff, they would have shares of Mondelez, shares of Kraft Foods Group, and

in cash.

$100,33,$$$14\mathrm{.}17$

$67,33,$$$42\mathrm{.}52$

$100,100,$$$0$

$33,100,$$$14\mathrm{.}17$