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Question		Answer
Litigation start learning		The target company sues the bidder for breaking antitrust or securities laws, slowing or stopping the takeover.
Asset restructuring start learning		The target buys or changes assets in a way that makes the deal less attractive or causes legal complications for the bidder.
Liability restructuring start learning		The target issues new shares to friendly parties or buys back shares from existing shareholders (at a premium), making it harder for the bidder to gain control.
Greenmail Defense start learning		The target company buys back its own shares from the hostile bidder (who already owns a large stake) to make them go away.
Crown Jewel Defense start learning		The target sells its most valuable assets or spins them off into another company to make itself less attractive.
Pac-Man Defense start learning		The target company fights back by trying to acquire the hostile acquirer.
White Knight Defense start learning		The target invites a friendly company to step in, buy shares, or make a competing offer to block the hostile takeover.

Post offer defences