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Suppose that Technology Incorporated wants to acquire Digital Corporation. Technology Incorporated makes a tender offer...

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Accounting

Suppose that Technology Incorporated wants to acquire Digital Corporation. Technology Incorporated makes a tender offer to the shareholders of Digital Corporation to acquire their shares of Digital Corporation. This is a _____ tender offer in which Technology Incorporated is the tender _____ and Digital Corporation is the _____ corporation.

A. friendly; offeree; partner

B. hostile; offeror; partner

C. hostile; offeror; target

D. friendly; offeree; target

E. hostile; offeror; parent

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