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KorniCoIs Considering Possible Strategies to Defend Against a Hostile Takeover

Question 127

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KorniCo.is considering possible strategies to defend against a hostile takeover.They have narrowed it down to four options.Because of pressure from shareholders, they need to adopt a strategy that is shown to have a positive effect on shareholder wealth.Based on that criterion, which of the following should they choose?


A) Capital structure change
B) Corporate charter amendment
C) Litigation
D) Greenmail

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