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Suppose that Technology Incorporated wants to acquire Digital Corporation. Technology Incorporated makes a tender offer to the shareholders of Digital Corporation to acquire their shares
Suppose that Technology Incorporated wants to acquire Digital Corporation. Technology Incorporated makes a tender offer to the shareholders of Digital Corporation to acquire their shares of Digital Corporation. This is a _____ tender offer in which Technology Incorporated is the tender _____ and Digital Corporation is the _____ corporation.
A. friendly; offeree; partner
B. hostile; offeror; partner
C. hostile; offeror; target
D. friendly; offeree; target
E. hostile; offeror; parent
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