v.Shadow Pill: pill that I drafted during negotiations
2.Shareholder wealth effects of poison pill?
3.Main types of preventive antitakeover defenses? Explain?
4.Main types of active anti-takeover defenses?
5.Management entrenchment hypothesis:
b.In dual cap preventive measure, the negative returnswere even greaterwhenmanagementhad a high percentage of stock.This makes sense since dualcapitalization will give management even more power. Mkts interpretsmanagement more power is badc.Greenmail Is another example. Though a lot of managers who use greenmail havehigh chances of being let go.