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GMAT Sentence Correction (SC) | Re: Not one of the potential investors

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VyshakhR1995 wrote:

HKD1710 wrote:
VyshakhR1995 wrote:
Is it ok to use "that" to refer to "merger agreement" after "is signed"?? Agree all other options are wrong but needed clarification on this...(3 options changes the usage using with and ing form...)


THAT intend to refer to a noun i.e. merger agreement. Now which sentence would you prefer to read/write from the following? of course the one that confuses you less and is more readable.

Not one of the potential investors is expected to make an offer to buy First Interstate
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