M 1 You serve on the board of directors for a large publicly traded company. Recently the share price of the company has been falling, due largely to poor management by top executives within the firm. This poor performance has been noticed by shareholders and rival firms who have called for new management or a potential takeover. What is the LEAST likely outcome for this company? A rival firm will acquire the company and replace top management in a hostile takeover. A larger firm will acquire the company as a subsidiary and allow management to continue in their role while offering financial and strategic support. You, along with the rest of the board, will fire top management and replace them with executives with shareholder interests in mind. A rival firm will use "greenmail" to force the company to repurchase shares at a premium to avoid a hostile takeover. The board of directors will offer a "golden parachute" to top executives, reducing the liklihood of a hostile takeover