Fact Pattern 41-2BMega Corporation wants to gain control of MiniCo, Inc. The companies negotiate for several months, without coming to terms. Mega decides to pursue a takeover attempt. MiniCo decides to resist.Refer to Fact Pattern 41-2B. MiniCo issues shares that its shareholders can exchange for cash if a takeover is successful, intending to make Mega's takeover attempt too expensive. This is a

A. crown jewel defense.
B. Pac-Man defense.
C. poison pill defense.
D. white knight defense.


Answer: C

Business

You might also like to view...

Under a job order cost system of accounting, the entry to distribute payroll to the appropriate accounts would be:

a. Debit-Payroll Credit-Wages Payable b. Debit-Work in Process Debit-Factory Overhead Debit-Selling and Administrative Expense Credit-Payroll c. Debit-Work in Process Debit-Finished Goods Debit-Cost of Goods Sold Credit-Payroll d. Debit-Work in Process Debit-Factory Overhead Debit-Selling and Administrative Expense Credit-Wages Payable

Business

One of the uses of remote control and diagnostic systems by the service desk is to provide informal training to customers.

Answer the following statement true (T) or false (F)

Business

Name and explain the two principles of Justice as Fairness theory?

What will be an ideal response?

Business

All of the following are likely to be unforeseen events except for:

a. A sharp downturn in the economy attributed to something other than the typical economic cycle. b. A natural disaster causing the supply chain to be disrupted. c. The bankruptcy of an important supplier. d. The committed fixed costs for the upcoming year.

Business