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Question 50 (1 point) ABC holding currently owns 9.5% of the outstanding common shares of Nortel. As a result of trades in the company's stock,

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Question 50 (1 point) ABC holding currently owns 9.5% of the outstanding common shares of Nortel. As a result of trades in the company's stock, ABC now owns more than 10% common shares, what immediate action must ABC take? Offer to purchase all remaining outstanding share File a report with the administrator Issue a formal take-over bid Issue a press release

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