Creditors' interest

问题如下：

Which of the following is typically used to represent creditors’ interests?

选项：

A.

Ad hoc committee

B.

Poison pill

C.

Tender offer

解释：

A is correct. An ad hoc committee is a group of creditors who approach an issuer in financial distress with options for debt restructuring.

B is incorrect. A poison pill is used to protect shareholders, management, and the board from takeovers that could potentially undervalue the company or are otherwise unwanted.

C is incorrect. A tender offer involves an invitation to shareholders to sell their interests directly to a group seeking to gain control.