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The Following Are Methods Available to Change the Management of a Firm

Question 2

Multiple Choice

The following are methods available to change the management of a firm:


A) a successful proxy contest in which a group of shareholders vote in a new board of directors, who then pick a new management team.
B) a takeover of one firm by another firm and a leveraged buyout of the firm by a private group of investors.
C) a successful proxy contest in which a group of shareholders vote in a new board of directors, who then pick a new management team; a takeover of one firm by another firm; and a leveraged buyout of the firm by a private group of investors.
D) a successful proxy contest in which a group of shareholders vote in a new board of directors, who then pick a new management team, and a leveraged buyout of the firm by a private group of investors.

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