Tender offer communication is sent prior to the start of the offer. This communication is very limited in scope, consisting only of the bidder's identity, a statement that the offer is being evaluated by the target, and an alert that the target company may recommend acceptance or rejection of the offer. This communication is called

Tender offer communication is sent prior to the start of the offer. This communication is very limited in scope, consisting only of the bidder's identity, a statement that the offer is being evaluated by the target, and an alert that the target company may recommend acceptance or rejection of the offer. This communication is called 





A) A red herring
B) A blue sky notice
C) Right-of-refusal advertisement
D) Stop-look-and-listen









Answer: D


Economics

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