Which of the following is true of defensive measures against a tender offer?
A) A company is not permitted to use media campaigns to convince shareholders against the tender offer.
B) A company can file a lawsuit alleging violation of antitrust laws against the tender offer, to gain time.
C) A reverse tender offer cannot be made as long as a tender offer is active.
D) A company can adopt only flip-over, and not flip-in rights plan against the tender offer.
Correct Answer:
Verified
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