A change in the corporate charter making it more diﬃcult for the ﬁrm to be acquired by increasing the percentage of shareholders that must approve a merger offer is called a:
A) Supermajority amendment.
B) Standstill agreement.
C) Greenmail provision.
D) Poison pill amendment.
E) White knight provision.

Question

Quizplus · Accepted Answer

A change in the corporate charter making it more difficult for the firm to be acquired by increasing the percentage of shareholders that must approve a merger offer is called a supermajority amendment.

A Change in the Corporate Charter Making It More Diﬃcult