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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