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A) In a de-listing offer, the company fixes a floor price which is subsequently increased after some of the shareholders have tendered their shares
A) In a de-listing offer, the company fixes a floor price which is subsequently increased after some of the shareholders have tendered their shares. The revised price has to be mandatorily made applicable even to such shareholders.
(a) Yes (b) No
B) In a share buyback, the shareholders are given an option to surrender their shares either in part or in full at their option but the pricing will depend upon how much they offer.
(a) Yes (b) No
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