Suppose you own stocks of Company A, the current price is RM25 per share. Now Company B is interested to acquire Company A at a price of RM35 per share. Company A's management immediately begins to fight off this hostile bid. Discuss the action of the management in relation to shareholders' best interests.

Answer rating: 100% (QA)

In this scenario the management of Company A is taking action to fight off the hostile bid from Company B The managements primary responsibility is to ... View the full answer