Foundations Of Financial Management
Foundations Of Financial Management
17th Edition
ISBN: 9781260013917
Author: BLOCK, Stanley B., HIRT, Geoffrey A., Danielsen, Bartley R.
Publisher: Mcgraw-hill Education,
Question
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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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