When Discussing Corporations,What Is a White Knight

question 6

Multiple Choice

When discussing corporations,What is a white knight?

• A)A mythical hero in fairy tales
• B)An attempt to fend off a hostile takeover by selling stock at below market value
• C)When management requires the approval of a large majority of shareholders to allow a takeover to happen
• D)A more acceptable firm that is willing to acquire the firm threatened by hostile takeover
• E)A group of investors that has borrowed money to acquire a firm

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Definitions:

Drive-reduction

A theory in psychology that explains behavior as motivated by the desire to reduce internal drives, such as hunger or thirst, to maintain homeostasis.

After-school Sports

Organized physical activities provided for students to participate in after regular school hours, promoting physical health and social skills.

Incentives

Rewards or motivations provided to encourage specific behaviors or actions.

Learning

The method of obtaining new comprehension, knowledge, conduct, capabilities, beliefs, or inclinations.