Sometimes the Management of a Target fiRm fiGhts a Takeover

question 5

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?

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Definitions:

Industrial Process

A structured set of activities related to the manufacture, processing, or treatment of various materials or products on a large scale.

Registered Design

A legal protection for the visual design of objects that are not purely utilitarian.

Piece of Furniture

An object in a room or establishment that is used for sitting, working, storing items, or as decoration, such as chairs, tables, or cabinets.

Legislation

The process of making or enacting laws.