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Which of the following is the best definition of a poison put? Any tactic designed to discourage unwanted merger offers. A situation where target firms

Which of the following is the best definition of a poison put?

Any tactic designed to discourage unwanted merger offers.

A situation where target firms sometimes seek a competing bid from a friendly bidder

A situation that forces the firm to buy securities back at some set price.

A situation where target firms provide compensation to top-level management in the event of a takeover.

Selling major assets when faced with a takeover threat.

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