Which of the following is not a takeover defense?
A) Shark repellant
B) Poison pill
C) White knight
D) Proxy contest

Question

Quizplus · Accepted Answer

Proxy contest is not a takeover defense. It is a mechanism that allows shareholders to vote on matters or elect board members, but it is not implemented as a defense against a takeover. The other options, shark repellant, poison pill, and white knight, are all tactics that companies can use to prevent or deter hostile takeovers.

Which of the Following Is Not a Takeover Defense