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Sometimes the Management of a Target Firm Fights a Takeover

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Essay

Sometimes the management of a target firm fights a takeover attempt even when that attempt appears to be in the best interest of the shareholders.Why would management take this stance?


Definitions:

Waived

The act of voluntarily relinquishing or forgoing a right, claim, or privilege.

Varied

Marked by diversity or difference; not uniform or identical.

Real Estate Partnership

A type of business arrangement in which partners join together to buy, sell, manage, or invest in real estate properties.

RUPA

The Revised Uniform Partnership Act, which governs the operation of partnerships in the jurisdictions that have adopted it.

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