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The following are methods available to change the management of a firm: I) A successful proxy contest in which a group of shareholders vote in
The following are methods available to change the management of a firm: I) A successful proxy contest in which a group of shareholders vote in a new board of directors who then pick a new management team. II) A takeover of one firm by another firm. III) A leveraged buyout of the firm by a private group of investors.
a. I only b. II and III only c. I, II and III d. I and III only e. None of the above
5. The following are methods available to change the management of a firm * 1) a successful proxy contest in which a group of shareholders vote in a new board of directors who then pick a new management team. II) a takeover of one firm by another firm. III) a leveraged buyout of the firm by a private group of investors. I only Il and Ill only I, II and III I and Ill only None of the aboveStep by Step Solution
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