A friendly suitor that a target ﬁrm turns to as an alternative to a hostile bidder is called a:
A)golden suitor.
B)poison put.
C)white knight.
D)shark repellent.
E)crown jewel.

Question

Quizplus · Accepted Answer

A friendly suitor that a target firm turns to as an alternative to a hostile bidder is called a white knight. The other options are different anti-takeover measures used by target firms to defend themselves against hostile bids.

A Friendly Suitor That a Target ﬁRm Turns to as an Alternative