Question: A _ _ _ _ _ _ _ _ occurs when a rich individual or organization purchases a large fraction of the stock of a

A ________ occurs when a rich individual or organization purchases a large fraction of the stock of a poorly performing firm and in doing so gets enough votes to replace the board of directors and the CEO.Question 9 AnswerA.hostile takeoverB.shareholder proposalC.tax exemption D.leveraged buyoutE.shareholder actio

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