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Poison Pill Is a Takeover Defense in Which the Target

question 65

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Poison pill is a takeover defense in which the target firm finds an acquirer more to its liking thanthe initial hostile acquirer and prompts the two to compete to take over the firm.


Definitions:

Coherence

The quality of being logical, consistent and clear; often used to describe how well parts of a whole fit together meaningfully.

Significance

The importance or meaning of something, especially in terms of its impact or relevance to a specific context or field.

Well-being

The state of being comfortable, healthy, or happy, encompassing physical, mental, and emotional health.

Self-actualization

Bringing to fruition or realizing one’s innate talents and potential, seen as a core drive or necessity in people.

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