Question: Saved Help Save & Exit Subs When a hostile firm buys a large block of outstanding target company stock and the target company management feels

Saved Help Save & Exit Subs When a hostile firm
Saved Help Save & Exit Subs When a hostile firm buys a large block of outstanding target company stock and the target company management feels that a tender offer is impending, they offer to buy the stock back from the hostile company at a higher price than the unfriendly company paid for it. This is known as greenmail. True or False True False

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