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    Business
  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 18: Mergers, Lbos, Divestitures, and Business Failure
  5. Question
    A Poison Pill Is a Takeover Defense in Which the Target
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A Poison Pill Is a Takeover Defense in Which the Target

Question 81

Question 81

True/False

A poison pill is a takeover defense in which the target firm finds an acquirer more to its liking than the initial hostile acquirer and prompts the two to compete to take over the firm.

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