CFA Practice Question
Rights-based pre-offer defense mechanisms include:
II. Poison puts.
III. Staggered board.
IV. Restricted voting rights.
I. Poison pills.
II. Poison puts.
III. Staggered board.
IV. Restricted voting rights.
A. I and II
B. II and IV
C. All of them
Explanation: III and IV are shark-repellents which involve changes to the corporate charter.
User Contributed Comments 2
| User | Comment |
|---|---|
| siggarusfigs | rights based... |
| brissio | nasty one that "right based" |