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5. The first LBOs occurred in the fourth merger wave. True or False 6. Unsecured debt is sometimes also called subordinate debt. True or False

5. The first LBOs occurred in the fourth merger wave. True or False

6. Unsecured debt is sometimes also called subordinate debt. True or False

7. In the United States two tiered tender offers are not that common any more. True or False

8. Research has shown that shareholders in companies that become white knights experience increased shareholder wealth. True or False

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