1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Softa [21]
3 years ago
7

Pacific West Utility has made a takeover offer to the shareholders (51% of the shares) of San Diego Edison. The board and manage

ment are concerned about the ability of Pacific West to manage San Diego Edison and have solicited the help of Western Power. Western Power will make a tender offer to the shareholders of San Diego Edison that is $1.00 more than Pacific West's offer. Which of the following statements is true?
a. Western Power must comply with the Williams Act.
b. San Diego Edison must comply with the Williams Act.
c. Pacific West need not comply with the Williams Act.
d. The Williams Act is not applicable.
Business
1 answer:
bazaltina [42]3 years ago
4 0

Answer: a. Western Power must comply with the Williams Act.

Explanation: The Williams Act was passed into law in 1968 and is a federal defining the rules of acquisitions and tender offers in response to hostile attempts at takeovers from corporate raiders who make cash tender offers for stocks they owned. These offers often destroy value since they force stockholders to tender stocks on a shortened timetable and as such, the Williams Act also includes time constraints specifying the number of days to make a decision and also the least amount of time such cash offers may be open. In accordance with the Act, Western Power must follow the tenets stipulated within the Act.

You might be interested in
If I buy options contracts for a year out is that profitable instead of day trading/swing trading? Because day trading or swing
mrs_skeptik [129]

Answer:

Active traders often group themselves into two camps: the day traders and the swing traders. Both seek to profit from short-term stock movements (versus long-term investments), but which trading strategy is the better one? Here are the pros and cons of day trading versus swing trading.

8 0
3 years ago
A withdrawal of cash from a bank that does not put the bank's reserves below the level of required reserves will ______.
Svetach [21]

If there is a withdrawal of cash from a bank which does not go below the required reserves, the withdrawal will not change money supply but will reduce bank checkable deposits.

<h3>What does withdrawing from a bank do?</h3>

If one withdraws money from a bank, it will reduce the bank's checkable deposits as these are made of cash that was deposited by entities.

As regards total money supply however, these withdrawals will only have an impact if the withdrawal causes bank reserves to fall below the required reserves.

Find out more on required reserves at brainly.com/question/10684321.

4 0
3 years ago
Operations managers at Alumax Corporation have found that they can achieve efficient production only by producing very large qua
DedPeter [7]

Answer: continuous production process

               

Explanation: In simple words, it refers to a production process in which the organisation has to keep doing the production due to the potential loss of of degradation of the raw materials or any other such factors.

In the given case, the company is able to produce efficiently only if they produce in large quantities.

Hence they should indulge in continuous production process.

7 0
4 years ago
Position descriptions, policies and procedures, training checklists, and performance standards are all examples of:
valentinak56 [21]
Military?  I mostly think it's law enforcement? 
5 0
3 years ago
Roz takes care of the neighborhood children, and in exchange, she is given
Marina86 [1]

Answer:

Bartering

Explanation:

5 0
4 years ago
Other questions:
  • Tanya buys a certain brand of soft drink only when she gets discount coupons for it. she discontinues purchasing it when the dis
    15·1 answer
  • As a management consultant, lamont knows that regardless of how good his firm's product might be, the business has little chance
    12·1 answer
  • Marquis Company estimates that annual manufacturing overhead costs will be $809,000. Estimated annual operating activity bases a
    10·1 answer
  • A techno entrepreneur
    10·1 answer
  • If improvements in technology have reduced the cost of producing personal computers, you accurately predict that in the market f
    10·1 answer
  • Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
    5·1 answer
  • Select the term in the blank space beside the definition that it most closely matches.
    9·1 answer
  • A certain product has supply elasticity 0.4 and demand elasticity 2.7. If a tax were placed on the product, what is most likely
    11·1 answer
  • Of all leadership variables, _____ leadership is the one most universally endorsed across cultures.
    10·1 answer
  • Nation Beta employing all its available resources nation alpha can produce either 800 units of chemicals or 1,600 units of cloth
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!