Question
#6. Firm A has offered to acquire Firm B for $10 per share pending regulatory approval of the deal and the deal has been publicly
#6. Firm A has offered to acquire Firm B for $10 per share pending regulatory approval of the deal and the deal has been publicly announced in the Wall Street Journal. However, Firm Bs stock is only trading at $8 per share. Does this imply that the market is inefficient?
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman
5th Edition
0367335417, 978-0367335410
