[Green Trees] Keith, the president of Grow True Corporation, a company that provides landscaping services, wanted his corporation to purchase Grassroots Corporation, another corporation providing landscaping services. The board of Grassroots Corporation, however, did not wish to sell. The board of Grow True Corporation decided to buy any or all of Grassroots Corporation's stock in order to gain control of Grassroots Corporation. The management of Grassroots Corporation and its board strongly objected to the attempt by Grow True Corporation to take over the company. Grow True Corporation offered to purchase stock held by Grassroots shareholders at a price substantially above the current market value of the stock. When that strategy was not wholly successful, Grow True Corporation offered to give shareholders of Grassroots Corporation stock in Grow True Corporation in return for their Grassroots Corporation stock.
-Which of the following terms describes Grow True Corporation in its attempt to buy any or all of Grassroots Corporation's voting shares

Question

Quizplus · Accepted Answer

Grow True Corporation is acting as an aggressor in its attempt to buy any or all of Grassroots Corporation's voting shares, as it is actively pursuing control over another company against the wishes of its management and board.

[Green Trees] Keith, the President of Grow True Corporation, a Company