1. Research shows that bypass offers tend to have:
A. Higher takeover premiums
B. Lower takeover premiums
C. No impact on takeover premiums
D. None of these
2. Creditors seeking payments from a company in reorganization bankruptcy in the United States must file:
A. Schedule TO.
B. Chapter 11 form.
C. Proof of Claim.
D. None of the above.
3. A letter of intent:
A. Is legally required in all U.S. deals.
B. Is more detailed terms than a term sheet.
C. Is more common in closely held acquisitions.
D. None of the above.