Chapter 3 - Notes- Question & Solutions - Chapter 3 The...

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Chapter 3: The Corporate Takeover Market: Common Takeover Tactics, Anti-Takeover Defenses, and Corporate Governance Answers to End of Chapter Discussion Questions 3-1. What are the management entrenchment and shareholder interests hypotheses? Which seems more realistic in your judgment?
3-2. What are the advantages and disadvantages of the friendly versus hostile approaches to a corporate takeover?
3-3. What are proxy contests and how are they used?

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