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Suppose the market price of a stock you own (Company A) is $25. Company B has announced it is willing to pay $35 per share
Suppose the market price of a stock you own (Company A) is $25. Company B has announced it is willing to pay $35 per share to buy the stock of Company A. Company As management immediately begins fighting this hostile bid. Is management of Company A acting in the best interests of its shareholders? Why or why not?
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