__________ attempts by target managers to defeat outstanding takeover proposals are overt forms of takeover defences.
A)Takeover Defences
B)Hostile Takeover
C)Bailout Takeover
D)Friendly Takeover

Question

Quizplus · Accepted Answer

Takeover defenses are strategies employed by target company management to prevent or discourage unwanted takeover attempts. These can include various legal and financial tactics designed to make the company less attractive or accessible to the potential acquirer.

__________ Attempts by Target Managers to Defeat Outstanding Takeover Proposals