3 ut of Corporate social responsibility is a hot concept, as companies as asked to be more socially conscious in the decision making. How should companies incorporate this into their decision making? a. d. By maximizing value, with constraints on being as socially conscious as they can be, along the way. O b. a. They should not. It is their job to make money. OC C. By having dual objectives of maximizing value and maximizing social responsibility. O d. e. By doing what they have always done to make money but hiring a PR firm to make them look social responsible. O e. b. By making maximizing social welfare their primary objective. Give your reasons III % 0 on 9 e saved doutor Cipra Inc. is a large, publicly traded pharmaceutical company with 100 million shares outstanding, trading at 5 20/share. It has just announced an acquisition bid at $15 share, for Lexma Inc., a smaller pharmaceutical company, with 50 million shares, currently trading at $10 a share, arguing that the premium is justified by the synergy in the deal. If Cipra's stock price drops to $18/share after the bid is announced and the market is right, estimate the synergy that the market expects from the deal, i.e. what is the net gain/loss from the above transaction