EBK FOUNDATIONS OF FINANCIAL MANAGEMENT
EBK FOUNDATIONS OF FINANCIAL MANAGEMENT
17th Edition
ISBN: 9781260464900
Author: BLOCK
Publisher: MCGRAW-HILL LEARNING SOLN.(CC)
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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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