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sunnisam sunnisam
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2 months ago
Which of the following is NOT true?

▸ When management acts on its own authority, it does so mainly to further its own interests.

▸ When payment for an acquisition is made through the issuance of securities, the value of these new shares is a concern.

▸ Mergers tend to decrease during periods of soaring stock prices.

▸ The beneficiaries of a tender offer are normally the shareholders of the target firm.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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alpha987alpha987
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2 months ago
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