A Rights Offering That Gives Existing Target Shareholders the Right

question 51

Multiple Choice

A rights offering that gives existing target shareholders the right to buy shares in either the target or the acquirer at a deeply discounted price once certain conditions are met is called a:

• A)golden parachute.
• B)poison pill.
• C)classified board.
• D)white knight.

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Definitions:

Neuroticism

A personality trait characterized by the tendency to experience negative emotions such as anxiety, anger, or depression more easily than others.

Extraversion

A personality trait typified by outgoingness, high energy, and a preference for social interactions.

Openness

A personality trait characterized by an appreciation for new experiences, creativity, and a willingness to explore ideas and values.

Agreeableness

A personality trait that reflects a person's tendency to be compassionate, cooperative, and friendly towards others.