Company a Makes an Offer to Purchase All of the Shares

question 23

Multiple Choice

Company A makes an offer to purchase all of the shares of Company B from Company B's shareholders. The board of directors of Company B does not feel that the offer is adequate and seeks out another purchaser who might offer more for the shares. This defence to the takeover is referred as:

• A) White knight.
• B) Pac-man defence.
• C) Poison pill.
• D) Selling the crown jewels.

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Definitions:

Achieved

refers to success or accomplishments attained through effort, skill, or perseverance.

Liberal Feminist

A branch of feminism that emphasizes the power of individual rights and equal opportunities as the main path to gender equality.

Gender Norms

Socially constructed roles and behaviors deemed appropriate for individuals based on their perceived or assigned gender.

Sex Discrimination

Unfair treatment of people based on their sex, potentially affecting opportunities in employment, education, and beyond.