Company a Makes a Hostile Take-Over Bid for Control of Company

question 61

Multiple Choice

Company A makes a hostile take-over bid for control of Company B.In response,Company B makes a counter-offer to purchase shares from Company A's shareholders.Which of the following best describes Company B's response?

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

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Definitions:

Confrontational tactics

Strategies employed to challenge or face someone or something directly and forcefully.

Macro systems

Broad social frameworks and structures that encompass societal norms, economic systems, and cultural contexts, affecting individuals and communities.

Within-group differences

Variabilities or diversities that exist among individuals within a single group, category, or population.

Filial piety

A virtue of respect and devotion to one's parents and ancestors in many cultures, particularly influential in Confucian societies.