M&A Chapter 3 Quiz 1.All of the following are commonly used takeover tactics, except for a.Poison pills b.Bear hug c.Tender offer d.Proxy contest e.Litigation Answer: A
2.According to the management entrenchment theory,
3.Which of the following factors often affects hostile takeover bids?
4. All of the following are true of a proxy contest except for
5. Purchasing the target firm’s stock in the open market is a commonly used tactic to achieve all othe following except for f a.Acquiring a controlling interest in the target firm without making such actions public knowledge. b.Lowering the average cost of acquiring the target firm’s sharesc.Recovering the cost of an unsuccessful takeover attempt d.Obtaining additional voting rights in the target firm e.Strengthening the effectiveness of proxy contests Answer: A