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The key to extracting private benefits of control that are not shared by other shareholders on a pro rata basis is to Multiple Choice force

The key to extracting private benefits of control that are not shared by other shareholders on a pro rata basis is to

Multiple Choice

  • force the firm into bankruptcy.

  • sell your shares in a tender offer.

  • become a large shareholder and acquire control rights exceeding cash flow rights.

  • buy a large block of nonvoting shares.

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