Question：A defensive tactic in a hostile takeover bid has been described as follows:
　　“A firm that launches a friendly counter-bid and takes control of the target firm.”
　　This description best fits which defensive tactic?
　　A. Golden parachute
　　B. White squire
　　C. Pacman defense
　　D. White knight
　　The correct answer is:White knight.
　　解析：A White Squire is also a firm that makes a friendly counter-bid but does not take control of the target firm.
　　A Pacman Defence is an aggressive tactic that involves mounting a counter-bid for the attacker.
　　A Golden Parachute is a large compensation payment made to the top management of the target company if their positions are eliminated due to the hostile takeover.
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