Which statement id falsea the white knight defense is when, Ask an Expert

Finance

Which statement id False?

a. the white knight defense is when you try to sell yourself to a "friendly" acquirer.

b. greenmail is when the acquiring firm buys stock from the target firm at an inflated price.

c. A golden parachute is an executive contract that pays a manger extra if they lose their job due to a takeover.

d. A standstill agreement forces the acquiring firm to wait before continuing a takeover attempt.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91614443

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