KorniCo is determined to defend itself against a hostile takeover, no matter what.If the company wants to choose the most effective defense it should adopt the poison pill strategy, which will make its stock less attractive to the potential acquirer.

Question

Quizplus · Accepted Answer

The poison pill strategy is a common defense mechanism used by companies to make their stock less attractive to potential acquirers, thereby deterring hostile takeovers.

KorniCo Is Determined to Defend Itself Against a Hostile Takeover