If the bidder in a hostile takeover faces target management resistance

If the bidder in a hostile takeover faces target management resistance, as an alternative to either bidding higher or terminating the tender offer process, bidders sometimes offer target management compensation to end its resistance.

This compensation is called:
a. a golden parachute.
b. a silver bullet.
c. a gold watch.
d. removal remuneration.

 

 

ANSWER

A

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