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Business, 17.12.2019 19:31 edjiejwi

All of the following statements are true about the use of defense tactics by the target firm during a hostile takeover except:

a. defense tactics are usually beneficial for the executives of the target firm.
b. defense tactics are opposed by institutional investors.
c. defense tactics vary in their effectiveness as a defense to takeovers.
d. defense tactics make the costs of a takeover lower.

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