Corporations Can Use Many Tools in Order to Prevent Takeovers

question 53

Multiple Choice

Corporations can use many tools in order to prevent takeovers, including

• A) poison pills.
• B) non-staggered boards.
• C) retaining the most profitable part of the company.
• D) requiring a minority of shareholder votes to approve selling the firm.
• E) staging a walk out.

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Definitions:

Recall

The transfer of information from long-term memory into short-term memory.

Credit Cards

Financial tools issued by financial institutions allowing cardholders to borrow funds within a pre-approved limit for purchases or cash advances.

Overwhelmed

A feeling of being burdened with too much to handle, often resulting in stress or anxiety.

Retain

To retain is to keep possession of or continue to have something without letting it go or losing it.