_____________ is a defensive tactic in which a firm makes a tender offer for a given amount of its own stock while excluding certain shareholders.
A) A repurchase and/or standstill agreement.
B) A share rights plan.
C) An exclusionary self-tender offer.
D) A poison pill.
E) A flip-over provision.

Question

Quizplus · Accepted Answer

An exclusionary self-tender offer is a defensive strategy where a company offers to buy back its own shares from its shareholders, excluding certain shareholders, often to fend off a hostile takeover. This tactic can prevent unwanted shareholders from gaining a larger stake in the company.

_____________ Is a Defensive Tactic in Which a Firm Makes