Question

Firms use defensive tactics to fight off undesired mergers. These tactics do not include a. raising antitrust issues. b. repurchasing their own stock. c. changing the bylaws to eliminate supermajority voting requirements. d. getting white knights to bid for the firm. e. getting a white squire to purchase stock in the firm.

Answer 1

c. changing the bylaws to eliminate supermajority voting requirements.

Step-by-step explanation:

The defensive tactics include :

raising antitrust issues.

repurchasing their own stock.

getting white knights to bid for the firm.

getting a white squire to purchase stock in the firm.