The Parties to a Friendly Merger Use Deal-Protection Devices,such as No-Talk

Multiple Choice

The parties to a friendly merger use deal-protection devices,such as no-talk provisions.The Delaware Supreme Court will generally uphold such devices as long as they:

A) have board approval.
B) preclude any other options.
C) do not permit any type of fiduciary out.
D) do not impair the board's ability to exercise its fiduciary duties.