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The City of Rumplesford Is in an Uproar

Question 23

Multiple Choice

The city of Rumplesford is in an uproar. The city's biggest employer, Cash Cow LLC, is in danger. An outside company, Hunter, is planning to buy enough shares in Cash Cow to be able to take control of it against the will of the corporation's top management and directors. If that happens, the people of Rumplesford fear that there will be massive layoffs that will hurt the city's economy. Hunter is threatening Cash Cow with a


A) leveraged buyout.
B) hostile takeover.
C) employee buyout.
D) simple buyout.
E) cooperative.

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