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NEW QUESTION: 1
The competition authorities are investigating the takeover of Company Z by a larger company, Company Y.
Both companies are food retailers.
The takeover terms involve using a part cash, part share exchange means of payment.
Company Z is resisting the bid, arguing that it undervalues its business, while lobbying extensively among politicians to sway public opinion against the bidder.
Which of the following actions by Company Y is most likely to persuade the competition authorities to approve the acquisition?
A. Company Y increases the cash element of its bid offer.
B. Company Y guarantees to preserve employment at its cental distribution depot.
C. Company Y undertakes to pass on any cost savings to customers.
D. Company Y agrees to dispose of specified outlets which geographically overlap those of Company Z.
Answer: D

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