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 20, Problem 9DQ
Summary Introduction

To explain: The way in which firms try to avoid being a part of a targeted takeover.

Introduction:

Targeted takeover: 

A targeted takeover is a mechanism through which potential companies takes over non-performing entities with high cash balances and large number of outstanding shares.

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