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Question
Popular Movies Corporation wants to gain control of Quality Films, Inc. The companies negotiate for several months, without coming to terms. Popular Movies decides to pursue a takeover attempt. Quality Films decides to resist.Quality Films issues shares that its shareholders can exchange for cash if a takeover is successful, intending to make Popular Movies's takeover attempt too expensive. This is a
a. crown jewel defense.
b. Pac-Man defense.
c. poison pill defense.
d. white knight defense.
Answer
This answer is hidden. It contains 1 characters.
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