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Greenmail
A tactic where a company buys back its own shares at a premium from a hostile party to prevent a takeover.
Target Management
The process of identifying, organizing, and prioritizing business objectives and key performance indicators to achieve strategic goals.
White Knight
A post-offer technique where a target company invites another suitor to outbid a hostile bidder. The second suitor agrees that it will retain the existing management.
Hostile Bidder
An entity attempting to acquire another firm against the wishes of the target company's management and board.
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