Multiple Choice
Company A makes a hostile take-over bid for control of Company B. In response, Company B makes a counter-offer to purchase shares from Company A's shareholders. Which of the following best describes Company B's response?
A) Pac-man defence.
B) Selling the crown jewels.
C) Poison Pill.
D) Hostile Defence.
Correct Answer:
Verified
Correct Answer:
Verified
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