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Which of the following statements accurately describe a takeover involving a scheme of arrangement? ka) A written offer in which the consideration must be in
Which of the following statements accurately describe a takeover involving a scheme of arrangement? ka) A written offer in which the consideration must be in scrip and which is made to all shareholders for a fixed proportion of their shareholding. (b) A written offer made to all shareholders for a fixed proportion of their shareholding in which no conditions can be attached. (c) In a scheme of arrangement, the bidder is seeking to acquire 100% of the shares. (d) Schemes of arrangement are generally used in hostile takeovers. (e) A written scrip offer in which the consideration must be in cash and which is made to all shareholders for a fixed proportion of their shareholding
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