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Business buzzwords

Q1

Section 13(d) of the Securities Exchange Act of 1934 stipulates that once someone obtains five percent of a firm's stock, that person has 10 days to file a disclosure form; but during this period, the potential bidder can continue to make open market purchases, so ..... purchases may be larger than 5% of a target firm.

(*) knife edge

(*) pintail

(*) toehold

(*) wedge end

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