Agricultural Chemicals, Inc., was the target of a hostile takeover 6 months ago. The CEO and the top executives successfully fended off the takeover and are concentrating on strategies to improve the performance of the firm. Which of the following is most likely to be TRUE?
A) Hostile takeover attempts are so common that they do not reflect negatively on the firm's performance. They are more a function of general market conditions.
B) The fact that a hostile takeover has occurred is proof that the firm was under-performing.
C) Research shows that once a hostile takeover has been defeated, the firm is safe from other hostile takeover attempts for many years.
D) The CEO and top executives should not consider their jobs secure.
Correct Answer:
Verified
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