Which is generally not a defensive measure for a target firm?
A)A tender offer
B)A poison pill
C)Greenmail
D)A preemptive merger

Question

Quizplus · Accepted Answer

A tender offer is a type of aggressive takeover strategy used by the acquiring company, not a defensive measure for the target firm. The other options (B, C, D) are all defensive measures that a target firm can use to prevent or deter a takeover.

Which Is Generally Not a Defensive Measure for a Target