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

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

A.Any tactic designed to discourage unwanted merger offers.

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

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

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

E.Selling major assets when faced with a takeover threat.

A is the wrong answer

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