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1. Which of the following statements is true of a hostile takeover? a. A hostile takeover results when a management wants the firm to be
1. Which of the following statements is true of a hostile takeover? a. A hostile takeover results when a management wants the firm to be taken over. b. A hostile takeover occurs when a firm's stock is undervalued relative to its potential. c. A hostile takeover retains the managers of the acquired firm at their previous positions. d. A hostile takeover refrains managers to take actions that maximize stock prices. e. A hostile takeover results in poor management and inefficient operations.
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