By lowering the percentage of shareholders which must approve the merger, a firm makes an acquisition of that firm more difficult.

Name: By lowering the percentage of shareholders which must approve the merger, a firm makes an acquisition of that firm more difficult.
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Question

Quizplus · Accepted Answer

Lowering the percentage of shareholders required to approve a merger actually makes it easier to achieve approval for the acquisition, as fewer votes are needed to meet the threshold.

By Lowering the Percentage of Shareholders Which Must Approve the Merger