Sometimes the stock price of a possible target company rises in anticipation of a merger bid. Explain
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Sometimes the stock price of a possible target company rises in anticipation of a merger bid. Explain how this complicates the bidder’s evaluation of the target company.
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Suppose the market value of the acquiring firm is 150 million and ...View the full answer
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Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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