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A) The promoter group of a company decides to take the assistance of a large private equity fund in making a counter-offer in response to an open offer made by an acquirer

Accounting Nov 20, 2020

A) The promoter group of a company decides to take the assistance of a large private equity fund in making a counter-offer in response to an open offer made by an acquirer. The private equity fund is then called:

(a) Black Dog    (b) Blue Label        (c) Hungarian Opening    (d) White Knight

(e) Red Herring   (f) Dark Horse     (g) Poisson Curve             (h) Check and Mate

(i) Windsor Castle (j) White Stallion (k) Her Royal Highness

B) A hostile bidder offers to buy 100% of a company with a simultaneous FPO through an OFS for 25% so as to retain the minimum public shareholding. This is valid since the company will continue to belisted and the acquirer’s stake is capped at 75%.

(a) Yes     (b) No

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