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The promoters of a company provide for affirmative rights and shares with differential voting rights to themselves to ward off potential takeover attempts

Accounting Nov 20, 2020

The promoters of a company provide for affirmative rights and shares with differential voting rights to themselves to ward off potential takeover attempts. These arrangements are called:

(a) Beegees                                 (b) Scorpions

(c) Hungarian Openings            (d) Red Herrings

(e) Dark Horses                          (f) Poisson Curves

(g) Check and Mate                    (h) Poison Pills

(i) Windsor Castles                     (j) White Stallions

(k) His Royal Highnesses

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