BuyEm, Inc. is a company engaged in the hostile takeover business. Under which of the following circumstances would BuyEm be required to file a Form 13-D? A merger transaction where the buyer already owns 90% of the firm. A shareholder-approved transaction where a hostile bidder is taking over. A transaction where a bidder has acquired over a certain percentage of the frim A transaction where a selling company has placed itself "in play "

Which of the following is the term used to describe what happens when a board, facing a hostile takeover, seeks an alternative bidder for the company? White knight. In play. Bear hug. Poison pill.

OhNo Co. is facing a hostile offer from a buyer. If OhNo is “in the hands of the arbs,” the company is said to be: acquired. the target of a hostile transaction. a likely bankruptcy candidate at the end of a merger. in play in the market.

The reason that hostile takeovers are no longer so common is that: the media was very critical of the actions of many hostile buyers. it is sometimes difficult to operate a firm without its old management. most of the better targets for hostile takeovers were already bought. All of the above.

How might shareholders feel when faced with the choice between a hostile buyer’s 13-D plan for a company and a plan offered by management suggesting that it will undertake largely the same changes? Angry, asking why management has not done its plan before. Happy, because management now has a better chance of winning. Confused, because both plans purport to reach the same ends. Frustrated, if they had already favored the hostile buyer's offer.

N is a small, close company. M and O are large public companies. P is a small public company. A “Bear hug” would be most likely in which of the following situations? N is buying M with money it has obtained through wealthy financiers. O is acquiring M through operating cash flows. O is purchasing P to obtain its assets. N is buying P.

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