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Suppose you own stock in a company.The current price per share is $25.Another company has just announced that it wants to buy your company and

Suppose you own stock in a company.The current price 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 interests?Why or why not.

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