The correct answer is: B. Negotiated merger
A negotiated merger is a merger that is agreed upon by the boards of directors of the two companies involved. The merger is then subject to approval by the shareholders of both companies.
A reverse merger is a type of merger in which a private company acquires a public company. The private company then becomes the surviving company, and the public company’s shareholders receive shares in the private company.
An offer for sale is a type of merger in which a company offers to buy the shares of another company. The offer may be made by the acquiring company directly to the shareholders of the target company, or it may be made through an intermediary, such as an investment bank.
An arranged merger is a type of merger that is arranged by a third party, such as an investment bank or a government agency. The third party may act as a mediator between the two companies involved in the merger, or it may provide financial assistance to the merger.
In the case of a merger under the supervision of the Board for Industrial and Financial Reconstruction (BIFR), the BIFR will appoint a special officer to oversee the merger. The special officer will have the power to approve or reject the merger, and to make recommendations to the BIFR.
The BIFR is a government agency that is responsible for the rehabilitation of sick companies. The BIFR may order a merger of two companies if it believes that the merger will help to rehabilitate one or both of the companies.