A Change in the Corporate Charter Making It More Difficult

question 2

Multiple Choice

A change in the corporate charter making it more difficult for the firm to be acquired by increasing the percentage of shareholders that must approve a merger offer is called a:

• A) Supermajority amendment.
• B) Standstill agreement.
• C) Greenmail provision.
• D) Poison pill amendment.
• E) White knight provision.

---

Definitions:

Recommendation Letters

Written endorsements of an individual's character, abilities, and potential, usually for purposes of employment or admission.

Company's Policy

Guidelines and rules established by a company to govern its operations, employee behavior, and business dealings.

Legal Complications

Refers to potential legal challenges or issues that may arise during the course of a business operation, transaction, or in personal situations.

News Release

A written statement issued to the media to announce something of interest, such as a new product, event, or piece of information.