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Company A is subject to a takeover bid from Company B, both companies operate in...

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Company A is subject to a takeover bid from Company B, both companies operate in the same industry and each of them demand a significant market share Company B h3S made an of an of $5 per share to the shareholders of Company A.

The directors of Company A do not believe the takeover would be in the best interests of the stakeholders and other stakeholders of Company A due to the following reruns

1. Company B has recently taken ever several ether companies resulting in them breaking up the company and se ling on the assets.

2 The directors of Company A believe the offer of $5 per snare undervalues tie company

The directors of Company A are therefore keen to prevent the bid from going ahead

Which THREE of the following defence strategies could be used by the directors of Company Air this situation?

A.

Offer the company to an alternative While Knight bidder.

B.

Appeal to their own shareholders that the company should not be broken up because i: has strong growth prospects.

C.

Refer the bid to the Competition Authorizes because of the risk of a large number of employee redundancies if Company B's Did were to be successful

D.

Inform shareholders of the potential current value of the non-current assets including intangibles, to show that their true value is higher than the bid value.

E.

Give existing shareholders the right to buy bonds in the future.

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