Shark repellant is a method of thwarting a corporate takeover in which management requires a large majority of stockholders to approve the takeover.

Name: Shark repellant is a method of thwarting a corporate takeover in which management requires a large majority of stockholders to approve the takeover.
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Question

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To head off a hostile takeover attempt,the company's managers may use a shark repellent,in which management requires a large majority of stockholders to approve the takeover.

Shark Repellant Is a Method of Thwarting a Corporate Takeover