Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'preferred share purchase right'?

A. purchase right that gives a prospective acquiree's common shareholders the right to buy common shares of the firm or common shares of anyone who acquires the firm at a deep discount to their fair market value
B. purchase right that gives a prospective acquiree's common, convertible shareholders the right to buy common, convertible shares of the firm or common, convertible shares of anyone who acquires the firm at a deep discount to their fair market value
C. purchase right that gives a prospective acquiree's preferred shareholders the right to buy preferred shares of the firm or preferred shares of anyone who acquires the firm at a deep discount to their fair market value
D. purchase right that gives a prospective acquiree's preferred, convertible shareholders the right to buy preferred, convertible shares of the firm or preferred, convertible shares of anyone who acquires the firm at a deep discount to their fair market value

Answer: purchase right that gives a prospective acquiree's preferred shareholders the right to buy preferred shares of the firm or preferred shares of anyone who acquires the firm at a deep discount to their fair market value