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Question 3 6 McHatton Worldwide is a diversified firm that operates multiple divisions. It is the only shareholder of a particular wholly owned subsidiary. Management
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McHatton Worldwide is a diversified firm that operates multiple divisions. It is the only
shareholder of a particular wholly owned subsidiary. Management has decided to arrange
an IPO to sell percent of the ownership of this subsidiary. Which term applies to this
offering?
Splitup
Equity carveout
Tender offer
White knight transaction
Lockup transaction
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