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A few months ago, Johnny's Steak House purchased one of its competitors, Windermere Surf & Turf, for $ 1 2 million. Windermere stockholders received a
A few months ago, Johnny's Steak House purchased one of its competitors, Windermere Surf & Turf, for $ million. Windermere stockholders received a fair deal for the stock they owned in the company. However, it was disclosed that a member of Johnny's management team mentioned the deal to a person he sat next to on a flight from LA to Seattle, and that person called five of his relatives and several friends who purchased shares of Windermere stock before the acquisition became public. These actions are
Multiple Choice
acquisition stalking.
procurrent procurement.
insider trading.
moral impropriety.
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