Which defense tactic, against hostile takeovers, is described below?

Sabre Printers and Office Supplies are attempting a take-over of Dunder Mifflin Paper Company. Sabre creates a tender offer of $25 per share of Dunder Mifflin. Dunder Mifflin quickly encourages an ally, the Michael Scott Paper Company, to create a tender offer of $26 per share. Since the Michael Scott Paper Company offered a higher tender offer, the board is justified in supporting the take-over by the Michael Scott Paper Company.

A. Long-range acquisition strategy

B. White Knight Tactic

C. Golden Parachutes

D. Scorched Earth Tactics