I need a Replies of at least 450 – 600 words Each reply must incorporate at least 2 scholarly citation(s) in APA format. Any sources cited must have been published within the last five years. Accepta

I need a Replies of at least 450 – 600 words 

Each reply must incorporate at least 2 scholarly citation(s) in APA format. Any sources cited must have been published within the last five years. Acceptable sources include the textbook, scholarly peer-reviewed articles, and the Bible.

 Throughout the history of Mergers and Acquisitions, the methods to obtain a target company have evolved. One of the most defining and controversial methods being the hostile takeover. Throughout the 1980s, takeovers began growing in popularity, and with that came more advanced takeover tactics. This ultimately led to the need and creation of antitakeover defenses. The development of defensive tactics has come with a price. Many firms are faced with the decision of a cost-benefit. The more defensive strategies that a company prepares, the more that it will cost the company. The size of a firm, amount of capital, and industry will also determine which defense tactics are in place. The level of expenditures on corporate defense will affect the value of shareholders’ investments. These considerations must be taken into account when management evaluates their position. Two takeover defenses that will be analyzed are the “white knights” defense and the “Pac-Man defense”.

            The “white knights” defense is reliant upon the target company seeking out other companies to provide more suitable offers than the hostile bidder. Seeking a white knight requires another company to make an offer that would buy all or part of the company for better terms. Often times, the target company is looking for a higher price or terms that will allow managers and employees to remain with the company. This less favorable terms make it unlikely for another company to agree to, so this strategy can be difficult to accomplish. Many times, the white knight company will ask for favorable terms or advantages that are found to be unfair to the hostile bidder which may be a violation of the target’s Revlon duties. (Gaughan) White Knights bids often have negative effects on the shareholders’ wealth. A common explanation is that these kinds of bids are not planned. Therefore, they do not yield long-term benefits for the acquiring firm’s shareholders. A study done on the success of white knight bids states, “the success of a takeover does not result in excess returns for the white knight; neither does it result in especially poor performance.” (Smiley) Even though a bid might not be extremely detrimental to shareholders, this strategy has provided negligible benefits to the shareholders.

            The Pac-Man defense is widely considered to be the most extreme defensive tactics. It consists of the target company making a counteroffer to buy the raider company. It is an uncommon strategy and is essentially a final line of defense even being nicknamed a “doomsday machine.” (Gaughan) This threat typically results in the hostile bid being withdrawn or altered to a more favorable offer. The main goal for using this strategy is to avoid a change of leadership and retain control. (Eleftheriadou) The price to maintain control by using this strategy is expensive. It can increase debts and shareholders could experience losses in the upcoming years. In a similar situation as the white knight defense, the target company did not plan to make an acquisition so it might not have the appropriate capital or structure to support it which will hurt stockholders.

            The important Biblical application of these corporate defense tactics is the need for self-defense. Timothy 5:8 reads, “But if any provide not for his own, and especially for those of his own house, he hath denied the faith, and is worse than an infidel.” (NIV) Every person has the responsibility to protect their own family. The same should apply to business and interests that people are invested in. All executives must carry the responsibility of protecting their shareholders and employees.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with My Study Writers
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business Management
Awesome job, Thank you
Customer 453201, June 12th, 2022
Social Work and Human Services
Although it took 2 revisions I am satisfied but I did receive it late because of that.
Customer 452603, March 25th, 2021
English 101
IThank you
Customer 452631, April 6th, 2021
Human Resources Management (HRM)
On time and as always a great service! This semester has been very time consuming a tough for my family so this service has not only been a life saver but helped me keep up my grades! If you are in a time crunch or need help, don't hesitate! They are worth it!
Customer 453077, April 4th, 2022
Criminal Justice
The paper was not accused of plagiarism and was written very well. I will let you know the grade once it is graded. Thank you
Customer 452671, April 26th, 2021
Classic English Literature
It was my first time using such a service. Essay was good and nicely formatted.
Customer 452441, February 16th, 2022
Economics
Nice work
Customer 453185, May 21st, 2022
Education
Very fast response and did a excellent job.
Customer 453201, May 31st, 2022
Nursing
Usually, references need to be within the past 5 years. Thank you :)
Customer 452547, July 16th, 2021
Sociology
THANK YOUUUUU
Customer 452591, March 18th, 2021
Business and administrative studies
Excellent work and done hen needed and they always get it done ahead of time
Customer 453201, October 17th, 2022
Nursing
The writer was timely and proficient. I had to ask for a revision, but I got it back quickly with no other issues. Would use this essay writing service again
Customer 452441, November 14th, 2021
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live ChatWhatsApp