If a firm sells its crown jewels when threatened with a takeover attempt, the firm is employing a strategy commonly referred

The primary purpose of a flip-in provision is to:    A.  increase the number of shares outstanding while also increasing the value per share. B.  dilute a corporate raider's ownership position. C.  reduce the market value of each share of stock. D.  give the existing corporate directors the sole right to remove a poison pill. E.  provide additional compensation to any senior manager who loses his or her job as a result of a corporate takeover. Refer to section 26.7

51.	If a firm sells its crown jewels when threatened with a takeover attempt, the firm is employing a strategy commonly referred to as a _____ strategy.    A.  scorched earth B.  shark repellent C.  bear hug D.  white knight E.  lockup Refer to section 26.7

52.	Which one of the following defensive tactics is designed to prevent a "two-tier" takeover offer?    A.  bear hug B.  poison put C.  shark repellent D.  dual class capitalization E.  fair price provision Refer to section 26.7

53.

Which of the following have been suggested as reasons why the stockholders in acquiring firms may not benefit to any significant degree from an acquisition? I. the price paid for the target firm might equal the target firm's total value II. management may have priorities other than the interest of the stockholders III. the takeover market may not be competitive IV. anticipated merger gains may not be fully achieved    A.  I and III only B.  II and IV only C.  I, III, and IV only D.  I, II, and IV only E.  I, II, III, and IV Refer to section 26.8