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Current Market Price Per Share of ABC Corp. is $ 20.00. XYZ Corp has made an offer to buy all outstanding Shares of ABC at
Current Market Price Per Share of ABC Corp. is $ 20.00. XYZ Corp has made an offer to buy all outstanding Shares of ABC at a Price per Share of $ 30.00. Management of ABC has decided to turn down the offer in order to perpetuate their employment. This is an example of Agency Problems:
a. Protecting ABC's Mission to become more Profitable. | ||
b. | Protecting Interest of Stockholders | |
c. | Saving Outstanding Shares for Future Use as Bonuses for Employees | |
d. | Agency Problem |
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