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Business, 16.03.2020 20:51 Kianna000

Smith Jones Inc.'s stockholders are mostly individual investors, and there is relatively little institutional ownership. If several pension and mutual funds were to take large positions in Smith Jones Inc.'s stock, direct shareholder intervention would be likely to motivate the firm's management. Suppose new law made it more difficult to stage a hostile takeover. Which of the following groups would benefit the most? a. Small individual investors b. Management c. Bondholders

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