Question
_____ includes a variety of relatively minor corporate governance changes that, in principle, are supposed to make it more difficult to acquire a target firm.
_____ includes a variety of relatively minor corporate governance changes that, in principle, are supposed to make it more difficult to acquire a target firm.
A) Shark repellents
B) White knights
C) Greenmail
D) Poison pills
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The correct option is A Shark repellents A tactic used by a corporation to keep out hostile takeovers is known as shark repellents The distinction between hostile and friendly approaches Managements efforts to make unique adjustments and bylaw it could be done on a periodic or continuous basis Additionally shark repellents are a set of very minor corporate governance reforms that are intended to make acquiring a target company more difficult Reasons for incorrect options Option B is incorrect because a hostile defense against a hostile takeover ...
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
27th edition
978-1337272094, 1337272094, 978-1337514071, 1337514071, 978-1337899451
