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Golden parachutes signifies

"Golden parachutes" signifies

(A) Pay given to executives fired because of a takeover.

(B) A clause requiring that huge dividend payments be made upon takeover.

(C) Financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it.

(D) Managers of a firm involved in a hostile takeover approaching a third about acquisition.

Mar 23 2018 View more View Less

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