Which one of the following defensive tactics is designed to prevent a "two-tier" takeover offer?
A)bear hug
B)poison put
C)shark repellent
D)dual class capitalization
E)fair price provision

Question

Quizplus · Accepted Answer

A "two-tier" takeover offer is a strategy used by a potential acquirer to make a tender offer to shareholders where one group of shareholders is offered a higher price than another. The fair price provision is designed to protect against this by requiring any offer to buy shares to be made at the same price to all shareholders, thus preventing a "two-tier" offer.

Which One of the Following Defensive Tactics Is Designed to Prevent