Question

A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deeply discounted price once certain conditions are met is called a​ ________.

Answer 1

Answer:

Poison Pill

Explanation:

A poison pill is A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deeply discounted price once certain conditions are met. It is done to prevent from any acquisition or takeover on the company.