5. Which of the following statements is FALSE? (4.) O A) In practice, most acquirers pay a substantial acquisition premium, which is the percentage difference between the acquisition price and the premerger price of the target firm. OB) When a bid is announced, the target shareholders can enjoy a gain of 16% on average in their stock price. O C) On a takeover announcement, the target share price does not often rise to the offer price because there is uncertainty in the completion of the deal. OD) A bidder is very likely to acquire a target company for less than its current market value