astevanov1325 astevanov1325
  • 17-12-2022
  • Business
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6. when reese group of hotels (rgh) was on the verge of facing a hostile takeover bid by rivals blossoms group (which held a 14.12 percent stake in rgh), rely's came forward and bought a 14.98 percent stake in rgh, thereby relieving rgh from the hostile takeover risk. this kind of tender offer defense is called:

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