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Question 7 (1 point) Listen Which of the following is a formal takeover bid? a) PAST Inc accumulated 10% of Icon Corp b) PAST Inc

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Question 7 (1 point) Listen Which of the following is a formal takeover bid? a) PAST Inc accumulated 10% of Icon Corp b) PAST Inc acquires 20% of the outstanding voting or equity shares of Icon Corp. 2 c) After reaching the early warning threshold, PAST Inc announced the acquisition of an additional 2% of Icon Corp.'s voting shares. 15 d) PAST Inc announced the purchase of 5% of its own outstanding voting shares

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