Severance packages are generally opposed, partly because they have a low level of success as a defense strategy.However, those who want to encourage top-level managers to accept a takeover bid that will best serve shareholders' interest would tend to favor this option.

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Severance packages can incentivize top-level managers to accept takeover bids by providing financial security, aligning their interests with shareholders who may benefit from the takeover.

Severance Packages Are Generally Opposed, Partly Because They Have a Low