Question

In a 1960s movie, an heiress sends out thousands of letters to shareholders in an attempt to have them vote for her and forthe company to remain independent or to give her the right to vote for them. the opponent tried to get the shareholders tovote for his side and asked shareholders to give him the right to vote for them. what kind of corporate takeover techniquewas this movie about?

a) a hostile merger.
b) a tender offer​

Answer 1

Option (a) A hostile Merger

Step-by-step explanation:

This is because we see that their is a fight of replacing the management because the acquiring company wants to merger or takeover the company through winning the executive seats among the board of directors. Such type of fight between the shareholders and among the management team is called hostile merger or takeovers.