Question: FirstStep LLC has had some key managers and executives leave the firm in the last year and because of a historically low stock price, FirstStep

FirstStep LLC has had some key managers and executives leave the firm in the last year and because of a historically low stock price, FirstStep has now become a target for acquisition by other firms.FirstStep can attempt all of the following to battle potential takeover attempts except which one?

A. Have shareholders engage in a proxy contest in an attempt to change the membership of the board of directors.

B. Award special rights to shareholders and executives in thecase of a takeover attempt.

C. Provide executives with additional compensation in the event that another company takes control of Alpha.

D. Require shareholder approval before an acquisition can take place.

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