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Suppose you own stock in a company. the current per share is $25. Another company has just announced that it wants to buy your company
Suppose you own stock in a company. the current per share is $25. Another company has just announced that it wants to buy your company and will pay $35 per share to acquire all the outstanding stock. your company's management immediately begins fighting off this hostile bid. is management acting in the shareholders' best interest? why or why not
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