Corporate Finance
Corporate Finance
12th Edition
ISBN: 9781259918940
Author: Ross, Stephen A.
Publisher: Mcgraw-hill Education,
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Chapter 29, Problem 8CQ
Summary Introduction

To determine: The actions taken by management of a firm against a hostile acquisition bid from an unwanted suitor and benefits that target firm shareholders receive from defensive tactics and the actions that harmed target firm shareholders from hostile takeover.

Introduction:

It refers to the acquisition where a company acquires the ownership of another company that is target Company, against their rules and regulations.

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Students have asked these similar questions
How does a hostile takeover affect the company’s stakeholder (shareholders, executives, employees, and society in general)? Is it usually beneficial or detrimental to these stakeholders? Why?
Are managers of firms with formidable takeover defenses more or less likely to act in the shareholders’ interest rather than their own?
What are some defensive tactics that firms can use to resist hostile takeovers?
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