__________ occurs when a raider acquires stock in a target company and then threatens to commence a hostile takeover unless the stock is repurchased by the target at a premium over the market price.
A) Revlon mode
B) The Van Gorkom test
C) The Unocal proportionality test
D) Greenmail

Question

Quizplus · Accepted Answer

Greenmail occurs when a raider acquires stock in a target company and then threatens to commence a hostile takeover unless the stock is repurchased by the target at a premium over the market price.

__________ Occurs When a Raider Acquires Stock in a Target