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ABC Company, a firm facing the threat of bankruptcy, did not want to be acquired by Big Corp. because it feared Big Corp. would make
ABC Company, a firm facing the threat of bankruptcy, did not want to be acquired by Big Corp. because it feared Big Corp. would make drastic changes to the business, laying off employees and changing the nature of its products and processes. Thus, the management of ABC Company approached Fair Trade Inc., which was willing to acquire ABC Company and maintain the company as is. In this scenario, Fair Trade Inc. is referred to as a
Group of answer choices
proxy investor.
preemptive investor.
white knight.
shark repellant.
poison pill.
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