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The Rustic Fig, an upscale restaurant, is going out of business. Penelope's Eatery agrees to buy all of Rustic Fig's assets for $100,000. After the
The Rustic Fig, an upscale restaurant, is going out of business. Penelope's Eatery agrees to buy all of Rustic Fig's assets for $100,000. After the transaction is completed, Rustic Fig still has $200,000 in outstanding debt. What kind of transaction occurred? a merger. tender offer hostile takeover purchase of assets
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