Identify four tactics the directors of a target business might employ to resist an unwelcome bid.

..When a business wishes to acquire another, it may make a bid in the form of cash, a share-forshare exchange, or loan capital-for-share exchange.
Required:
Discuss the advantages and disadvantages of each form of consideration from the viewpoint of:

(a) The bidding business’s shareholders

(b) The target business’s shareholders.