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A corporate raider is trying to take over IRL Entertainment, a theme park company. In an attempt to avoid this hostile takeover, IRL Entertainment is

A corporate raider is trying to take over IRL Entertainment, a theme park company. In an attempt to avoid this hostile takeover, IRL Entertainment is requiring a large majority of stockholders to approve the takeover. Which of the following methods of evading a takeover attempt does this describe?

  • a compliance buyout
  • a tender offer
  • a class action
  • a poison pill
  • a shark repellent

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