When a Hostile Takeover Appears to Be Inevitable,a Target Company

question 36

Multiple Choice

When a hostile takeover appears to be inevitable,a target company will sometimes look for another,friendlier company to acquire it called a:

• A)poison pill.
• B)classified board.
• C)golden parachute.
• D)white knight.

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Definitions:

Social Security

A government program that provides financial assistance to people with an inadequate or no income, primarily the elderly and disabled.

Fiscal Policy

Government policies related to taxation and public spending, aimed at influencing the economy.

Federal Reserve Bank

The central banking system of the United States, which regulates the U.S. money supply and is responsible for monetary policy.

Man-Made Climate Change

Environmental changes resulting from human activities that emit greenhouse gases, leading to global warming and altered weather patterns across the globe.