47. True False Typically, government reimbursement techniques favor ownership over leasing.

True False Vertical integration may involve buying either a customer or a supplier.

. True False Horizontal integration involves the purchase of an unrelated business.

True False Information asymmetry could exist where an acquiring firm has a better information set than the market in general.

True False An acquisition is often easier than a proxy battle, but with an acquisition the acquirer must share a greater proportion of the benefits of any value creation.

True False The correlation of compensation with the size of an organization is one reason managers might "do a merger" even if it decreases the wealth of the acquiring companies

True False Hostile take-over attempts are hostile to the target shareholders but friendly to the target's management.

. True False Ignoring taxes -- if you do not believe the synergistic benefits will occur, you should push for a stock for stock merger.