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Why some takeover defenses cannot be created once the intention of corporate rider to acquire the target becomes clear? a. Because the US regulatiors wants

Why some takeover defenses cannot be created once the intention of corporate rider to acquire the target becomes clear? a. Because the US regulatiors wants to protect (to a certain extent) the aquirer shareolders b. Because of the need for the target shareholders to be also protected from their own managers. c. Because the M&A market is a competitive market. d. Because some the very restrictive defense mechanisms are to complex to implement and would delay to much the proxy fight

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