In? a(n) ________, the purchaser tries to persuade enough shareholders to go against management and vote to sell.
A. hostile takeover
B. leveraged buyout
C. acquisition
D. merger
E. joint venture
A. hostile takeover
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Many countries dropped their use of money-growth targets in the 1980s because
A) they were in severe recessions. B) political opponents claimed money-growth targeting helped the rich at the expense of the poor. C) money demand became unstable. D) it was too difficult to coordinate monetary policy with fiscal policy.
A leftward shift of the BP schedule co the result of an
a. exogenous rise in import demand. b. exogenous fall in export demand. c. increase in the foreign demand for capital. d. increase in the foreign interest rate. e. both a and b.
Suppose The United Bank of Glassen has loaned $250 to Mr. Joseph Langdon for his business. Mr. Langdon repays the loan with a check written against his own bank, Rexan Bank. Which of the following is likely to happen as a result of this transaction? a. The reserves at the United Bank of Glassen will fall
b. The reserves at Rexan Bank will increase. c. Checkable deposits at Rexan Bank will increase. d. Rexan Bank will make more loans than before. e. The reserves and checkable deposits of Rexan Bank will decrease.
An increase in the price a firm receives for its output will lead the firm to:
A. expand output. B. reduce output. C. leave output unchanged and earn smaller losses. D. leave output unchanged and earn greater profits.