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Management acting in the shareholders

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Reference no: EM131210727

Suppose your own stocks in a company .The current price per share is RM 25 .Another company has just announced that it wants to buy your company and will pay Rm 35 per share for acquires all the outstanding stock. Your company management immediately begins fighting off this hostile bid is management acting in the shareholders best interest? Debate the scenario.

Reference no: EM131210727

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