Examples of shark-repellent charter amendments include
A)supermajority.
B)waiting period.
C)supermajority and waiting period.
D)supermajority, waiting period, restricted voting rights, and staggered board.

Question

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Shark-repellent charter amendments are designed to protect a company from hostile takeovers. Examples include requiring a supermajority vote for mergers, imposing waiting periods before a merger can be completed, restricting voting rights of new shareholders, and implementing a staggered board of directors to make it harder for a hostile party to gain control.

Examples of Shark-Repellent Charter Amendments Include