Alternative Investments Q38
- A
A trade sale can be conducted through an auction process or by private negotiation.
- B
An advantage of an initial public offering is that it can be conducted quickly.
- C
Under recapitalization, the private equity firm maintains control, but allows the private equity investor to extract money from the company.
- Option : B
- Explanation : A disadvantage of an initial public offering is that the lead times are long.
