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А is a provision included in a firms corporate charter or bylaws to make the firr less attractive (less profitable) takeover
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Answer #1

Correct Answer:

C

Explanation:

It is the poison pill defense strategy that is specifically mentioned in bylaws of the company for its potential use in the future so that strong defense is done to prevent hostile takeover. As a part of it, existing shareholders buy additional shares at discounts, making shares to be less attractive in the capital market. So, company becomes less attractive for the acquisition.

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