1. In the Brau and Fawcett survey, which one of these was most cited by CFOs as the motive for going public?
Allowing venture capitalists to cash out
Allowing the firm's principals to diversify their holdings
Establishing a market value for the firm
Creating public shares for use in future acquisitions
Minimizing the firm's cost of capital
2. If the acquirer wants the target firm’s managers to stay in place, at least for a stated period of time, the acquirer should employ the tactic known as a
golden handcuff.
white knight.
golden parachute.
crown jewel.
captured knight.