Multiple Choice
Lancelock Inc. buys a less accomplished firm by directly signing a deal with the target firm's shareholders. The move is vehemently opposed by the board of directors and the top management of the target firm. This is an example of a _____.
A) creeping acquisition
B) hostile takeover
C) bootstrap acquisition
D) lobster trap
Correct Answer:
Verified
Correct Answer:
Verified
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