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ogf78 ogf78
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2 months ago
Arbitrageurs predict what happens in takeovers and attempt to earn profits by

▸ charging commissions for their advice to target and acquiring firms.

▸ buying target firm shares after the tender offer announcement and selling the shares later for a higher premium.

▸ selling acquiring firm shares before the tender offer announcement and buying the shares later at a lower price.

▸ None of the above
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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allegri87allegri87
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2 months ago
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