An antitakeover tactic in which existing shareholders have the option to buy additional shares of stock at a discount to the current market price is called ______.
A. greenmail
B. a golden parachute
C. a poison pill
D. scorched earth
Answer: C
An antitakeover tactic in which existing shareholders have the option to buy additional shares of stock at a discount to the current market price is called ______.
A. greenmail
B. a golden parachute
C. a poison pill
D. scorched earth