Which defense tactic, against hostile takeovers, is described below? Oscorp, a technology company and military contractor, has presented a tender offer for shares of Stark Industries at $50 per share. Stark Industries is worried what might happen if Oscorp gets access to their research and development division, so they are opposed to that take

Which defense tactic, against hostile takeovers, is described below?

Oscorp, a technology company and military contractor, has presented a tender offer for shares of Stark Industries at $50 per share. Stark Industries is worried what might happen if Oscorp gets access to their research and development division, so they are opposed to that take over. They ask all employees to vote against the decision, and buy up any available stock at above market rates. They justify this as best for the corporation, because if acquired Tony Stark, the CEO, would receive a severance of over $500M.

A. Long-range acquisition strategy
B. White Knight Tactic
C. Golden Parachutes
D. Scorched Earth Tactics
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