13. Merger gains and costs (S32.4) Sometimes the stock price of a possible target company rises in...

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13. Merger gains and costs (S32.4) 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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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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