The divestiture of major operating unit most conveted by the bidder- commonly known as the ____________
A)Poison Pill
B)Crown Jewel
C)Packman
D)Golden Parachutes

Question

Quizplus · Accepted Answer

The term "Crown Jewel" refers to the strategy of divesting or threatening to divest a valuable asset or operating unit of a company to make the company less attractive to a potential acquirer. This is often done to fend off hostile takeover attempts.

The Divestiture of Major Operating Unit Most Conveted by the Bidder-