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A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deeply discounted price once certain conditions are met is called a​ ________.

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User Dmaclach
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1 Answer

4 votes

Answer:

Poison Pill

Step-by-step explanation:

A poison pill is A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deeply discounted price once certain conditions are met. It is done to prevent from any acquisition or takeover on the company.

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User GusSL
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