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Claude Holds a Large Number of Shares of Bayou Beauty

Question 9

Multiple Choice

Claude holds a large number of shares of Bayou Beauty, a regional brewing company that is considered a likely takeover target by a major international brewer.It would probably be in Claude's financial interest if Bayou Beauty's owners:


A) resisted selling at any price.
B) sold the company to the larger brewer.
C) designed a poison pill to discourage a takeover.
D) looked for smaller brewers to acquire instead of selling to the larger brewer.

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