Which one of the following statements is TRUE?
A. A targeted share repurchase can be used to prevent a hostile takeover.
B. A targeted share repurchase can be used to increase the stock price if the company is undervalued.
C. Anti-takeover charter provisions are good for shareholders because they prevent a raider from stealing the company for a below-market price.
D. Shareholders want to prevent takeovers because they don't want the company purchased out from under them.
E. One tool of corporate governance is choosing a good investment banker.
Answer: A
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If the Swiss demand for dollars is elastic, then an appreciation of the dollar against the franc will lead to a greater quantity of francs being supplied to the foreign exchange market to obtain dollars.
a. True b. False
Treasury stock is considered a reduction in stockholders' equity, not a purchase of assets
Indicate whether the statement is true or false
Trisha works in an upscale department store. She has been instructed by the management staff that she can take up to 20 percent off a product if it appears damaged in some way. In addition, Trisha is encouraged to help customers as she sees fit, including giving customers discount coupons on future purchases if they return a product because they weren't satisfied. The management at Trisha's store is practicing
A. employee equity. B. standardization. C. empowerment. D. relationship management. E. quality control.
In which of the following circumstances would a foreign government not be subject to suit in a
U.S. court according to the Federal Sovereign Immunities Act? A) If the foreign government has impliedly waived immunity B) If the action is based on commercial activity by the foreign government C) If the action is based on a tort committed by the foreign government D) If the foreign government has explicitly waived immunity E) B and C only