Question

Who provides Defensive advisory services?

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6th Dec 2009 by Amelia Timbers

It is a little unclear what this question refers to. A defensive financial plan may be one focused on helping its participants get out of debt, increase assets and build wealth. Like defensive driving, a defensive financial plan encourages responsible behavior to minimize the risk or harm, interest and penalties. However, defensive corporate finance includes actions that a corporation may take (and which may be prescribed in their charter) just before a hostile takeover to discourage the takeover or to encourage the sale of the company to a "white knight", or friendly third party. For example, a defensive corporate action may be selling all the firm's assets at a huge discount to a friendly third party. Thus defensive financial advise is either available from a financial planner, or a corporate lawyer.

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4th Dec 2009 In Financial Services 1 Answers | 52 Views
Subjects: defensive advisory, raid defense,

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