Company a Has Made an Offer to Purchase All of the Outstanding

question 14

Multiple Choice

Company A has made an offer to purchase all of the outstanding shares of Company B for $10 per share (the current market value of the shares) . In response to Company A's offer, the shareholders of Company B were given rights to purchase additional shares at $8 per share. Which of the following tactics was employed by Company B to prevent Company A from acquiring control of Company B?

• A) Pac-man defence.
• B) Selling the crown jewels.
• C) Poison Pill.
• D)Reverse-takeover.

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Definitions:

Voided

Typically refers to the process of expelling urine from the bladder; in medical contexts, it pertains to urine elimination.

Urine

A liquid by-product of metabolism in humans and many animals, excreted by the kidneys and stored in the bladder until elimination.

Serum Protein

Proteins present in blood serum, which include antibodies, albumin, and other globulins, playing roles in clotting, immune system function, and other processes.

Urine

Urine is a liquid waste product of the body that is excreted by the kidneys through the process of urination.