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Cushy Corporation Fears That It Will Be the Target of a Hostile

Question 116

Multiple Choice

Cushy Corporation fears that it will be the target of a hostile takeover.As a reactive measure,it adopts a plan that will pay large bonuses to the top executives in the event of a hostile takeover.These plans are known as:


A) tenure protection.
B) "golden parachutes."
C) "white knight" protection plans.
D) "greenmail" plans.
E) stability enhancement.

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