Asked by Kaitlyn Gevermuehle on Jun 27, 2024
Verified
Aggressors often try to win the favor of a few institutional investors that own large block of shares.
Institutional Investors
Organizations that invest large sums of money in securities, real property, and other investment assets on behalf of their members or stakeholders.
Block of Shares
A large number of shares in a company, usually bought or sold in a single transaction.
- Understand the basic concepts and legal frameworks surrounding corporations.
Verified Answer
LB
Lexie ButcherJun 27, 2024
Final Answer :
True
Explanation :
Because contacting each individual target shareholder is expensive,aggressors often try to win the favor of a few institutional investors that own a large block of shares.
Learning Objectives
- Understand the basic concepts and legal frameworks surrounding corporations.
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