When a Hostile Takeover Appears to Be Inevitable, a Target

question 5

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

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Definitions:

Optically Active

A characteristic of a compound that has the ability to rotate the plane of polarized light, caused by the presence of asymmetry in the molecule.

Bromine Water

An aqueous solution of bromine used as a reagent in organic chemistry, particularly in tests for unsaturation.

Aldaric Acid

A type of sugar acid obtained by oxidizing both the aldehyde group and the primary alcohol group of an aldose to carboxylic acids.

Optically Active

Refers to substances capable of rotating the plane of polarized light due to the presence of chiral molecules.