Question

Purchasing the target firms stock in the open market is a commonly used tactic to achieve all of

the following except for

a. Acquiring a controlling interest in the target firm without making such actions public knowledge.

b. Lowering the average cost of acquiring the target firms shares

c. Recovering the cost of an unsuccessful takeover attempt

d. Obtaining additional voting rights in the target firm

e. Strengthening the effectiveness of proxy contests

Answer

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