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An Employee Stock Ownership Plan (ESOP)is Expected to ________

Question 55

Multiple Choice

An employee stock ownership plan (ESOP) is expected to ________.


A) vote the shares it possesses against a potential acquirer in a proxy contest
B) help shareholders of the target corporation convert their shares for a greater number of shares of the acquiring corporation
C) aid shareholders of the target corporation convert their shares for a greater number of debt securities of the target corporation
D) sell the crown jewels it owns to friendly parties in order to distract a potential acquirer

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