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1. Describe the takeover tactics used by Merck. Why were they employed, and were they effective? 2. What takeover defenses were employed by Versum in

1. Describe the takeover tactics used by Merck. Why were they employed, and were they effective?

2. What takeover defenses were employed by Versum in this case? Why were they used, and were they effective?

3. Discuss the arguments for and against hostile corporate takeovers.

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