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NEW QUESTION: 1
Voyager Inc., a primarily internet-based media company, is buying The Daily, a media company with exposure to newspapers, television, and the internet.

Voyager's acquisition of The Daily is The company's second major acquisition in its history. The previous acquisition was at the height of the merger boom in the year 2000. Voyager purchased the Dragon Company at a premium to net asset value, thereby doubling the company's size. Voyager used the pooling method to account for the acquisition of Dragon; however, because of FASB changes to the Business Combination Standard, Voyager will use the acquisition method to account for the Daily acquisition.

Voyager has made an all-cash offer of $45 per share to acquire The Daily. Wall Street is skeptical about the merger. While Voyager has been growing its revenues by 40% per year, The Daily's revenue growth has been less than 2% per year. Michael Renner. the CFO of Voyager, defends the acquisition by stating that The Daily has accumulated a large amount of tax losses and that the combined company can benefit by immediately increasing net income after the merger. In addition, Renner states that the New Voyager will eliminate the inefficiencies of the internet operations and thereby boost future earnings. Renner believes that the merged companies will have a value of $17.5 billion.
In the past, The Daily's management has publicly stated its opposition to merging with any company, a position management still maintains. As a result of this situation, Voyager submitted their merger proposal directly to The Daily's board of directors, while the firm's CEO was on vacation. Upon returning from vacation, The Daily's CEO issued a public statement claiming that the proposed merger was unacceptable under any circumstances.
Which of the following best characterizes Voyager's proposal to merge with The Daily?
A. Proxy Fight.
B. White Knight.
C. Bear Hug.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
A hostile merger occurs when the management of a merger target is opposed to the proposed merger. In such a situation, the acquiring company may initiate a bear hug in which the merger proposal is delivered directly to the board of directors of the target company. Voyager has initiated a bear hug in the hopes of gaining board support for the proposed merger before management can react to the proposal. If the bear hug is unsuccessful, the acquirer may appeal diiectly to the target's shareholders through a tender offer in which the acquirer offers to buy shares directly from shareholders or through a proxy fight in which a proxy solicitation is used to convince shareholders to elect a board of directors chosen by the acquirer. The board of directors would then replace the target's management and allow the merger to move forward. A white knight is a takeover defense, not a type of merger. (Study Session 9, LOS 31.e)

NEW QUESTION: 2
---
You are the Office 365 administrator for your company. The company synchronizes the local Active Directory objects with a central identity management system.
The environment has the following characteristics:
Each department has its own organizational unit (OU).
The company has OU hierarchies for partner user accounts.
All user accounts are maintained by the identity management system.
You need to ensure that partner accounts are NOT synchronized with Office 365.
What should you do?
A. Configure OU-based filtering by using the Windows Azure Active Directory Sync tool.
B. In the Windows Azure Active Directory portal, configure user attribute-based filtering.
C. Configure user attribute-based filtering by using the Windows Azure Active Directory Sync tool.
D. In the Windows Azure Active Directory portal, configure OU-based filtering.
Answer: A
Explanation:
Reference: http://technet.microsoft.com/en-us/library/jj710171.aspx
Company has OU hierarchies for partner user accounts so OU-based filtering should be fine.

NEW QUESTION: 3
You need to disable the Stocked setting for a product. Which form should you use?
A. Item model group
B. Tracking dimension group
C. Storage dimension group
D. Item group
Answer: C


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