Multiple Choice
A corporate raider is trying to take over the Cliff Company. In an attempt to avoid this hostile takeover, The Cliff Company is requiring a large majority of stockholders to approve the takeover. Which method of evading a takeover attempt does this describe?
A) a compliance buyout
B) a tender offer
C) a class action
D) a poison pill
E) a shark repellant
Correct Answer:
Verified
Correct Answer:
Verified
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