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/1 mark Reba's Catering Ltd. is the target of a hostile takeover by Impressive Catering Ltd. Reba had issued rights to its shareholders that can
/1 mark Reba's Catering Ltd. is the target of a hostile takeover by Impressive Catering Ltd. Reba had issued rights to its shareholders that can only be exercised if there is a real threat of a takeover. The rights allow the shareholders to purchase additional shares of Reba at prices substantially below market value. Reba has tried to protect itself by a. setting forth a white knight. Ob. setting up a Pac-Man defence. Oc. selling the crown jewels. Od. issuing a poison pill. /1 mark
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