Question: Select a true statement. Anti-takeover provisions make acquisitions more difficult and if a firm has many provisions it is always good for the firm. Golden
Select a true statement.
| Anti-takeover provisions make acquisitions more difficult and if a firm has many provisions it is always good for the firm. | ||
| Golden parachute provision makes acquisition less costly. | ||
| Acquisition of stocks can deal with shareholders of target firm directly even if management is unfriendly about the merger. | ||
| Classified board (staggered elections) structure makes acquisition easier. | ||
| If posion pill is activated, potential bidder can acquire target firm at a lower cost. |
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