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Question 16 1 pts Which of the following statements correctly describes features of an off-market bid? Provided that the bidder acquires at least 80% of
Question 16 1 pts Which of the following statements correctly describes features of an off-market bid? Provided that the bidder acquires at least 80% of the target firm's shares, target shareholders may be eligible for "capital gains tax relief" from the Australian Taxation Office. More than one of the other answers is correct O None of the other answers is correct The bidder may make the offer "conditional" on reaching a certain "acceptance" level. If the bidder increases the price they offer to target shareholders, the increased price does not need to be paid to any target shareholders that had previously accepted the bid Question 16 1 pts Which of the following statements correctly describes features of an off-market bid? Provided that the bidder acquires at least 80% of the target firm's shares, target shareholders may be eligible for "capital gains tax relief" from the Australian Taxation Office. More than one of the other answers is correct O None of the other answers is correct The bidder may make the offer "conditional" on reaching a certain "acceptance" level. If the bidder increases the price they offer to target shareholders, the increased price does not need to be paid to any target shareholders that had previously accepted the bid
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