AgroChem, Inc., offers the shareholders of Beanfield Seed Company $90/share for all the shares of Beanfield. The stock was worth at least $79/share at the time of the offer. This is a.a short-form merger. b.a consolidation. c.a dissolution. d.a tender offer

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21-12-2021
Business

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AgroChem, Inc., offers the shareholders of Beanfield Seed Company $90/share for all the shares of Beanfield. The stock was worth at least $79/share at the time of the offer. This is a.a short-form merger. b.a consolidation. c.a dissolution. d.a tender offer

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ewomazinoade ewomazinoade · Answer 1 · 2021-12-23T13:18:45+01:00

The offer made to shareholders of Beanfield Seed Company is a tender offer.

A tender offer is one of the steps that take place when a takeover is underway. A takeover is when a firm wants to take over the ownership of another firm.

A tender offer is when the acquiring firm contacts the shareholders of the target firm to sell its shares to them. The price quoted by the acquiring firm is usually at a premium to its market value. The purpose is to entice shareholders to sell their shares.

To learn more about shares, please check: https://brainly.com/question/7771025