A Firm Seeking a Friendly Acquirer to Avoid a Hostile

question 47

Multiple Choice

A firm seeking a friendly acquirer to avoid a hostile takeover is in need of a:

• A)Golden parachute
• B)White knight
• C)Poison pill
• D)LBO (Leveraged buy-out)

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Definitions:

Treasury

The department within a government or corporation responsible for managing financial operations, including revenue, expenditure, and debt.

Core Mission

The fundamental purpose or goal that guides an organization, often reflected in its strategy and actions.

Nonprofit Organization

An entity that operates for a collective, public or social benefit, rather than to generate profit for owners or investors.

Overseas Subsidiaries

Companies owned or controlled by a parent company but located in a different country, often used to enter or expand in foreign markets.