Question 20) Which of the buyers has sensitive information (e.g., customer, supplier and employment contracts) withheld from the scope of their due diligence until later in the process?
a. Financial sponsor
b. Non-strategic buyer
c. Direct competitor
d. They are all equal
Question 21) A(n) __________ is often initiated by the buyer.
a. Debt sale
b. Negotiated sale
c. Targeted auction
d. Broad auction
Question 22) Where is a data room typically set up?
a. In the target company's headquarters
b. Online
c. In Switzerland
d. In M&A Advisor's headquarters
Question 20) Which of the buyers has sensitive information (e.g., customer, supplier and employment contracts) withheld from the scope of their due diligence until later in the process?
| a. Financial sponsor | ||
| b. Non-strategic buyer | ||
| c. Direct competitor | ||
| d. They are all equal |
Question 21) A(n) __________ is often initiated by the buyer.
| a. Debt sale | ||
| b. Negotiated sale | ||
| c. Targeted auction | ||
| d. Broad auction |
Question 22) Where is a data room typically set up?
| a. In the target company's headquarters | ||
| b. Online | ||
| c. In Switzerland | ||
| d. In M&A Advisor's headquarters |
Related questions
Question 4) In a broad auction, the buyer list typically includes:
| a. | Only strategic buyers | |
| b. | Only financial sponsors | |
| c. | A mix of strategic consultants and valuation experts | |
| d. | A mix of strategic buyers and financial sponsors |
Question 8) A typical Confidentiality Agreement for the sale of a private target includes provisions governing the following:
I. Use of information
II. Term
III. Permitted Disclosures
IV. Terms of Stapled Financing
V. Non-solicitation / no-hire
VI. Standstill agreement
VII. Restrictions on capital structure
VIII. Return of confidential information
| a. | V, VI, VII and VIII | |
| b. | I, II, III and IV | |
| c. | III, IV, V and VI | |
| d. | I, III, V and VIII |
