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Suppose you own stock in a company. The current price per share is $25. Another...

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Accounting

Suppose you own stock in a company. The current price per share is $25. Another company has just announced that it wants to buy your company and will pay $35 per share to acquire all of the outstanding stock. Your company's management immediately begins fighting off this hostile bid. Is management acting in the shareholders' best interests? Why or why not? What possible issues should you consider? Is this an example of an Agency problem? (Please discusses, Write 300 words, give a ciatiations, writers name, year of article, and Page numbers.)

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