In defending against a hostile takeover, the strategy involving the payment of a large, debt-financed, cash dividend is the _________ strategy.
A. shark repellent
B. golden parachute
C. leveraged recapitalization
D. white knight
Answer:C
In defending against a hostile takeover, the strategy involving the payment of a large, debt-financed, cash dividend is the _________ strategy.
A. shark repellent B. golden parachute C. leveraged recapitalization D. white knight