Asked by
Tiffany Lovvorn
on Dec 01, 2024Verified
All of the following are defensive measures except:
A) black night.
B) staggered board elections.
C) super majority voting rules.
D) poison pills.
Staggered Board
A corporate board of directors structure where members are divided into classes serving different term lengths, making it difficult for a complete board takeover in any single election.
Poison Pills
A defensive strategy used by companies to deter hostile takeovers by making the company less attractive to potential acquirers.
- Recognize and comprehend protective strategies against aggressive acquisitions.
Verified Answer
LR
Learning Objectives
- Recognize and comprehend protective strategies against aggressive acquisitions.