Asked by
Thea Shandy Camus
on Dec 01, 2024
Verified
Defensive measures to prevent an unfriendly merger do not include:
A) convincing the shareholders of the target company not to approve the deal.
B) seeking a preemptive merger with another acquirer the target's management feels is more desirable.
C) suing the would-be acquirer for unjust interference with business operations.
D) trying to get the justice department to view the proposed merger as an antitrust violation.
Unfriendly Merger
A takeover or merger which is not supported or welcomed by the target company's management and board of directors.
Preemptive Merger
A strategic merger aimed at preventing potential competition by acquiring or merging with a competitor before they become a larger threat.
Justice Department
A government department responsible for the enforcement of the law and administration of justice.
- Identify and understand defensive measures against hostile takeovers.
Verified Answer
EL
Learning Objectives
- Identify and understand defensive measures against hostile takeovers.