A Change in the Corporate Charter Making It More Difficult

question 77

Multiple Choice

A change in the corporate charter making it more difficult for the firm to be acquired by increasing the percentage of shareholders that must approve a merger offer is called a:

• A)supermajority amendment.
• B)standstill agreement.
• C)greenmail provision.
• D)poison pill amendment.
• E)white knight provision.

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Definitions:

Propellerhead Software

A music software company known for creating Reason, a popular digital audio workstation used by musicians and producers.

EOM

End of Month; a term used in various financial and business arenas to describe actions that take place at or by the conclusion of a month.

Credit Period

The duration of time a buyer has to pay a supplier for purchases without incurring interest or penalties.

Perishable

A perishable item is one that has a limited lifespan and can deteriorate or expire, often food, flowers, or medicine.