_____________ is a defensive tactic in which a firm makes a tender offer for a given amount of its own stock while excluding certain shareholders.

A) A repurchase and/or standstill agreement.
B) A share rights plan.
C) An exclusionary self-tender offer.
D) A poison pill.
E) A flip-over provision.

Exclusionary Self-tender

A corporate strategy in which a company offers to purchase its own shares from shareholders, typically at a premium, as a means to reduce the number of outstanding shares and thus potentially increase the share price.

Repurchase Agreement

A financial transaction in which one party sells a security to another party with the promise to buy it back at a specified date and price.

Poison Pill

A strategy used by companies to deter hostile takeovers by making the company less attractive to the potential acquirer.