Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 17, Problem 7DQ
Summary Introduction

To explain: The use of a poison pill strategy by the management.

Introduction:

Poison pill strategy:

It is a defence strategy which is generally used by the target companies as a prevention tactic against hostile takeovers.

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