In a de-listing offer concluded a month ago, the company has obtained 92% stake

Accounting Nov 20, 2020

In a de-listing offer concluded a month ago, the company has obtained 92% stake. 3% of the shareholders are willing to exit at a higher price of 2x. The balance 5% shareholders are willing to exit at 2.5x. The company can buy them out at the higher prices or insist on paying the same price as in the de-listing offer.

(a) Yes (b) No