兼并收购概念理论之八:其他感兴趣的领域 单选题(共3题,每题20分)
1 . The marketing push of leveraged-buyout-oriented private equity funds is principally: 杠杆收购型私募股权基金的营销推动主要是:
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A.Lower volatility in returns than public stock markets 回报的波动性低于公共股票市场 B.Higher returns than public stock markets 回报高于公共股票市场
C.Lower fee structure than public equity managers 费用结构比公共股票管理者低
D.Better returns than 60 stock/40 bond mix used by many institutions 比许多机构使用的60%股/40%债券组合有更好的回报
我的答案: C
2 . The US federal government likes advance notification of possible Mergers and Acquisitions deals because: 美国联邦政府喜欢提前通知可能的并购交易,因为:
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A.It wants to verify adequate disclosure 它想验证充分的披露
B.It wants to ensure that stock trading regulations are followed 它希望确保遵守股票交易规则
C.It wants to study prospective anti-competitive implications of a combination 它希望研究合并预期对反竞争的影响
? D.It wants notification of possible layoffs 它希望通知可能的裁员
我的答案: C
3 . A poison pill does the following to deter a hostile takeover of a public company? 毒丸通过以下那条途径阻止恶意收购上市公司?
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A.Makes the takeover more expensive for the buyer 使买家的收购更加昂贵
B.Postpones the buyer’s ability to control the target’s board, even after obtaining 51% ownership or more 即使在获得51%或更多的所有权后,也会推迟买方控制目标公司董事会的能力
C.Triggers covenant default on outstanding debt instruments 触发未偿还债务工具的契约违约 D.Signals golden parachute implementation 发信号实施金降落伞
我的答案: A
多选题(共1题,每题 20分)
1 . Which of the following are the types of takeover defense? 以下哪些是敌意收购防御的类型?
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A.Poinson pill 毒丸计划
B.Pay large cash dividend 支付大量的现金股息
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C.Staggered Board of Directors 分期选举董事会 D.Antitrust investigation 反垄断调查
我的答案: ABCD
判断题(共1题,每题 20分)
1 . Private Equity use low leverage (less debt) in a M&A transaction to enhance equity return and reduce its exposure to loss. 私募股权在并购交易中使用低杠杆(较少债务),以提高股本回报率并减少其损失敞口。
对 错
我的答案: 错