Examlex
Which of the following statements is a normative statement?
Hostile Takeover
An acquisition attempt by a company or individual that is opposed by the target company's management and board of directors.
Flip-Over Provision
A defensive mechanism in a company's charter intended to deter hostile takeovers by allowing shareholders to purchase additional shares at a discount in the event of a takeover.
Takeover
The acquisition of control of a company by another, through the purchase of a majority of its shares or through other strategies.
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