The tender offer must remain offer for a minimum of 20 business days. Added sweeteners to the offer must extend the life of the offer by an additional 10 days (business days)

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

Which of the following is TRUE about a tender offer for common stock shares?

The tender offer must remain offer for a minimum of 10 business days

Sweeteners to tender offers are not allowed

If the offer is sweetened, the life of the offer must increase by an additional 20 business days

The tender offer must remain offer for a minimum of 20 business days