Because of Poor Management, the Stock Price of Orange Dolphin

question 51

Multiple Choice

Because of poor management, the stock price of Orange Dolphin Inc. falls and many investors sell their shares. Soon Orange Dolphin becomes the target of a hostile takeover, during which Hans buys enough shares to exert control over the firm. In this scenario, Hans performs the role of a(n)

• A) inside director.
• B) outside director.
• C) corporate raider.
• D) corporate consultant.

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