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Of the following statements,which is NOT true about totalitarian governments?
Hostile Takeover
An acquisition attempt by a company or individual that is strongly opposed by the target company's management and board of directors.
Equity Carve-out
A corporate strategy where a company sells a portion of the equity of a wholly owned subsidiary or division through an initial public offering.
Spin-off
A type of corporate restructuring where a company creates a new independent company by selling or distributing new shares of its existing business.
Lockup Transaction
Agreements restricting company insiders from selling their shares for a set period after an initial public offering to prevent a sudden oversupply of stock.
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