The control premium mentioned in the Mergers & Acquisitions section refers to:

Group of answer choices

The amount of managerial compensation that has to be paid as greenmail.

The amount over the observed stock price that is bid by the acquiring firm.

The amount given to board of directors members for selling their controlling shares.

The amount paid to union employees to give up their claims on future benefits.

The amount set aside in as escrow account by the acquiring firm to be used to pay claims to convertible bondholders if they decide to exercise their option.]