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prodeco prodeco
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7 years ago
Which of the following describes an employee buyout?
A) The firm's employees sell shares of their stock to the highest bidder in exchange for proxy votes of the board of directors.
B) The employees of the firm in danger of being purchased by an unwanted company borrow money against their own assets to purchase the unwanted company.
C) The employees of the firm in danger of being purchased by an unwanted company quickly find a more acceptable buyer for the company.
D) The firm's employees borrow money against their own assets, such as their houses or their pension funds, to purchase the firm from its present owners.
E) The firm's employees vote to replace the board of directors with proxies of their own choosing.
Textbook 
Business: A Practical Introduction

Business: A Practical Introduction


Edition: 1st
Authors:
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podrapodra
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7 years ago
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prodeco Author
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7 years ago
this is exactly what I needed
nsak
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
joyceess
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2 hours ago
Correct Slight Smile TY
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