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Big City Financial Is Attempting to Avoid a Hostile Takeover

Question 53

Multiple Choice

Big City Financial is attempting to avoid a hostile takeover by a corporate raider by allowing stockholders to buy more shares of stock at prices lower than current market value.Which of the following methods is being used to avoid the takeover?


A) A leveraged buyout
B) A tender offer
C) A white knight
D) A poison pill
E) Shark repellant

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