Outstanding shares affect the tax treatment of tender offer

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In a tender offer, Alpha Corporation wants to exchange its voting common stock for all of Theta Corporation's single class of stock. Only 85% of Theta's shareholder agrees to tender their shares. After the tender, what options exist for Alpha to require the remaining shares as part of the organization? At a later date? How will a subsequent cash acquisition of the remaining outstanding shares affect the tax treatment of the tender offer?

Reference no: EM13794765

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