Company a Has Made an Offer to Purchase All of the Outstanding

question 68

Multiple Choice

Company A has made an offer to purchase all of the outstanding shares of Company B for $10 per share (the current market value of the shares) .In response to Company A's offer,the shareholders of Company B were given rights to purchase additional shares at $8 per share.Which of the following tactics was employed by Company B to prevent Company A from acquiring control of Company B?

• A)Pac-man defence.
• B)Selling the crown jewels.
• C)Poison Pill.
• D)A Reverse-takeover.

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