Once a company acquires 5 of the outstanding shares of a


Once a company acquires 5% of the outstanding shares of a publicly held company, it must:

a. Promise not to try to buy out the company in which it has made an investment (purchased 5% or more of the outstanding shares).

b. File a 13d with the Securities and Exchange Commission, stating whether it intends to eventually make an offer to buy out the company or be a passive investor.

c. Attempt to buy all the remaining shares outstanding within twelve months.

d. Try to gain control by launching a proxy contest.

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Financial Management: Once a company acquires 5 of the outstanding shares of a
Reference No:- TGS01558640

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