Question: What is true regarding Wella's case? This is a case where equity holders can expropriate debt holders by asset stripping. O Wella's dual class

What is true regarding Wella's case? This is a case where equity

What is true regarding Wella's case? This is a case where equity holders can expropriate debt holders by asset stripping. O Wella's dual class shares separated cash flow rights from control rights, and thereby caused management to engage self-dealing activities to harm shareholders. None of the above. P&G offered premium for preference shares.

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