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The term golden parachutes refers to Group of answer choices a clause requiring that huge dividend payments be made upon takeover. managers of a firm

The term "golden parachutes" refers to
Group of answer choices
a clause requiring that huge dividend payments be made upon takeover.
managers of a firm involved in a hostile takeover approaching a third party about making the acquisition.
pay given to executives fired because of a takeover.
financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it.

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