Examlex
Which one of the following concepts applies to the façade of legitimacy?
Unfriendly Merger
A takeover or merger which is not supported or welcomed by the target company's management and board of directors.
Preemptive Merger
A strategic merger aimed at preventing potential competition by acquiring or merging with a competitor before they become a larger threat.
Justice Department
A government department responsible for the enforcement of the law and administration of justice.
Staggered Board
A corporate board of directors structure where members are divided into classes serving different term lengths, making it difficult for a complete board takeover in any single election.
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