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QUESTION 18 A hostile takeover is a situation in which a the targeted firm is dismantled to avoid the merger. b the corporate question 18
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Answer(18): Option "d" is correct that says, "The management and the board of directors of the targeted firm disapprove of the proposed merger".

Hostile takeover- It is a corporate action in which acquiring company tries to take over the target company by going to the shareholders of target company directly while management and board of directors do not agree for this takeover.

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