Multiple Choice
Albama Associates is a consulting firm owned by a few entrepreneurs.Rogo Consulting,a large consulting firm,tries to buy shares from some of the shareholders of Albama to obtain control of the company without making a formal acquisition proposal with the management.Albama's management invites a third party to acquire the company to prevent a hostile takeover by Rogo Consulting.This approach used by Albama to prevent hostile takeover is an example of a ________.
A) white knight tactic
B) counteroffer
C) proxy fight
D) direct offer
E) poison pill defense
Correct Answer:
Verified
Correct Answer:
Verified
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