A hostile takeover is a situation in which
A) the management and board of directors of the targeted firm disapprove of the proposed merger.
B) stockholders are paid a golden parachute.
C) the targeted firm is dismantled to avoid the merger.
D) the government makes the decision that the corporate raider can purchase the targeted firm.
E) the corporate raider receives a sum of money to leave the targeted firm alone.
A
You might also like to view...
Which act requires companies with more 50 full-time employees to provide health insurance or face a penalty?
A. Family and Medical Leave Act. B. Consolidated Omnibus Budget Reconciliation Act. C. Employee Retirement Income Security Act. D. Social Security Act. E. Patient Protection and Affordable Care Act.
Hans has an account in Grancore Bank and uses a credit card issued by the bank. He uses the credit card for various forms of transactions. In the context of credit card usage, when Hans has unpaid balances, Grancore Bank will charge him a(n) _____ on the due amount.
A. annual percentage rate B. nominal interest rate C. monthly surcharge rate D. floating interest rate
This occurs when a party takes action in reliance on the promise of another, who then breaks that promise
a. promissory estoppel b. intentional interference with a contractual relationship c. retaliation for an act supporting public policy d. none of these
Changes in benefit plans are under "serious consideration" when:
a. top managers meet to discuss implementation of a specific plan b. the employer has firmly committed to offering the revised benefit plan c. information has been gathered regarding alternative plan options d. all of the above e. none of the above