CFA Practice Question

There are 233 practice questions for this study session.

CFA Practice Question

A company's management can defend against unwanted hostile takeovers by using several strategies, such as a ______.

I. poison pill
II. tender offer
III. staggered board
IV. golden parachute
Correct Answer: I, III and IV

A tender offer is often used by an acquirer to purchase the shares of a company at a premium above the current market value.

User Contributed Comments 1

User Comment
khalifa92 golden parachute ain't mentioned in the CFA book do we need to go out of our way to read about it and do so in every LOS? I think what we have is enough.
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