When the Target Firm Does Not Solicit the Acquiring Firm's

question 39

Multiple Choice

When the target firm does not solicit the acquiring firm's bid, it is referred to as a(an)

• A) stealth raid.
• B) adversarial acquisition.
• C) takeover or unfriendly acquisition.
• D) leveraged buyout.

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Definitions:

Return On Investment

A performance measure used to evaluate the efficiency of an investment or compare different investments.

Residual Income

Earnings that exceed the minimum acceptable return on an investment or project, often used in performance measurement and compensation.

Managerial Performance

An evaluation of a manager's effectiveness in meeting organizational goals and managing resources efficiently.

Investment Centers

Parts of an organization that are responsible for their revenue, expenses, and investment in assets, allowing for a close measure of profitability.