Which term is applied to the situation where a bidding firm agrees to a limitation on its holdings in the target firm?
A)Shark repellent
B)Countertender offer
C)Standstill agreement
D)Poison pill annulment
E)Fair price provision

Question

Quizplus · Accepted Answer

A standstill agreement is a contract between a bidder and a target company that restricts the bidder's ability to purchase more shares of the target company for a predefined period. It is a strategy used to prevent a hostile takeover bid.

Which Term Is Applied to the Situation Where a Bidding