A board of directors' response to a takeover attempt must be rational in relation to the threat posed.

Question

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A board of directors' response to a takeover attempt must be rational in relation to the threat posed. It is important for the board to consider the interests of the company and its shareholders and make decisions accordingly. Knee-jerk reactions or responses that do not align with the threat can be detrimental to the company and its stakeholders.

A Board of Directors' Response to a Takeover Attempt Must