Business, 25.05.2021 19:00 dejahg4530

Suppose you are a shareholder in a company. The current stock price is $25.00. Another company is willing to purchase your firm and is offering $35.00 per share to do so. However, the management of your firm immediately begins to contest this hostile takeover bid asking shareholders to reject the offer. Provide one explanation for why management may be working against shareholders' interests and one explanation for how they may be working for shareholders' interest.

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