Sridharan and Reinganum Found Out What About the Factors Which

question 2

Multiple Choice

Sridharan and Reinganum found out what about the factors which determine the selection of a proxy fight instead of a tender offer by a bidder:

• A)Proxy fight will be used when the target's performance has been poor
• B)Tender offer will be used when the target has little debt
• C)Proxy fight will be used when a prior tender offer has failed
• D)None of the above

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Definitions:

Discriminate

To treat someone differently or less favorably on the basis of certain characteristics, such as race, age, or gender, often in a way that is unfair or illegal.

Ex Post Facto

A law that retroactively changes the legal consequences or status of actions that were committed before the enactment of the law.

Rights Warning

Typically refers to the Miranda warning, a notification given by police in the U.S. to criminal suspects in police custody, advising them of their right to silence and legal counsel.

Reasonableness

A standard of fairness and rational behavior expected in legal and contractual relationships.