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Firm wants to takeover Firm T , but management of Firm T doesn't want to be acquired. Firm T currently has 1 , 0 0
Firm wants to takeover Firm T but management of Firm T doesn't want to be acquired.
Firm T currently has shares outstanding.
Firm T is using Poison Pill tactics: If any shareholders reach ownership, then any other shareholders with share stock have rights to buy an additional share at its market value.
Assume current stock price $ share, what is the share price after poison pill tactic?
$
$
$
$
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