The Primary Purpose of a Flip-In Provision Is To

question 85

Multiple Choice

The primary purpose of a flip-in provision is to:

• A) increase the number of shares outstanding while also increasing the value per share.
• B) dilute a corporate raider's ownership position.
• C) reduce the market value of each share of stock.
• D) give the existing corporate directors the sole right to remove a poison pill.
• E) provide additional compensation to any senior manager who loses his or her job as a result of a corporate takeover.

---

Definitions:

Solid Waste

Non-liquid, non-soluble materials ranging from municipal garbage to industrial wastes that contain complex, sometimes hazardous, substances.

Hazardous

Refers to materials or conditions that pose potential danger or risk to health, safety, or the environment.

Drinking Water

Water that is safe and clean for human consumption without the need for further treatment.

Public Notification

The act of informing the general public about important information or developments, usually through official channels or media.