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Defending against mergers Firms facing hostile takeovers often take actions to forestall the acquisition. For instance, a firm could seek help from another company to
Defending against mergers
Firms facing hostile takeovers often take actions to forestall the acquisition.
For instance, a firm could seek help from another company to become a friendly acquirer of a target firm and protect itself from a hostile takeover
Such tactics are referred to as
Heather works for an investment bank in the corporate finance division. Along with the typical functions in her job rolesuch as finding a potentia
target company for a client which would add synergistic value to the client, finding a potential acquirer for a client, developing defensive tactics,
establishing a fair value and financing operationsHeather also works with her team in conducting arbitrage operations.
Based on your understanding of arbitrage operations complete the following sentence:
Transactions in which the arbitrageurs speculate in the stocks of companies that are likely takeover targets is called
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