Greenmail Is a Takeover Defence in Which

question 19

Multiple Choice

Greenmail is a takeover defence in which:

• A)a friendly investor helps to avoid a hostile takeover by buying the majority of shares of the target firm.
• B)the target firm issues a charter that prevents individuals with more than 10% ownership of convertible securities to convert into equity.
• C)the target firm issues rights or securities to its shareholders,giving them valuable benefits in the event that a significant number of its shares are acquired.
• D)the target firm buys back the bidder's equity at a substantial premium over its market price on condition that the bidder suspends his or her bid.

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Definitions:

Job Announcements

Public notifications by organizations about job openings they are looking to fill.

Target Of Discrimination

An individual or group that faces unjust or prejudicial treatment based on specific characteristics such as race, gender, age, or sexual orientation.

Assertiveness

The quality of being self-assured and confidently expressive without being aggressive.

Diversity Training

A program designed to facilitate positive intergroup interaction, reduce prejudice and discrimination, and teach individuals from different backgrounds how to work together effectively.