A ___ is an action by an individual or a firm to acquire controlling interest in a corporation.
A) Pac-Man defense
B) takeover
C) best-efforts basis
D) prospectus

Question

Quizplus · Accepted Answer

A takeover is the action of attempting to acquire controlling interest in a corporation. A Pac-Man defense is a defensive technique used by a corporation against a takeover attempt. Best-efforts basis is a term used in underwriting of securities, and a prospectus is a legal document that provides information about securities being offered for sale.

A ___ Is an Action by an Individual or a Firm