In response to Jude and Rostan's plan,can the corporation issue statements to its shareholders to educate them on the disadvantages of a takeover?
A) No,unless the statement also educates shareholders on the advantages of a takeover.
B) Yes,as long as corporate funds are not used and the statement also educates shareholders on the advantages of a takeover.
C) Yes,and corporate funds may be used for this purpose.
D) No,a corporation is prohibited from making these types of statements during a takeover.
E) Yes,as long as corporate funds are not used.
Correct Answer:
Verified
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