RDS Bank Has Been Making Losses for Many Years Now

Multiple Choice

RDS Bank has been making losses for many years now.The company's management wants to continue with the same style of operations,whereas many shareholders demand a change in management.A majority of shareholders unites and votes against the management's wish to sell the company to a larger counterpart subject to pressures from an external buyer.This is an example of a(n) ________.

A) forced joint venture
B) hostile takeover
C) strategic alliance
D) majority merger
E) operational alliance