Question
A large amount of trading following a hostile tender offer is a good sign for the acquirer because: Question 5 options: A)The shares are moving
A large amount of trading following a hostile tender offer is a good sign for the acquirer because:
Question 5 options:
A)The shares are moving from regular investors into the hands of arbitrageurs.
B)A competing offer is likely.
C)The acquirer will pay a lower premium for the shares.
D)A large amount of trading is a bad sign for the acquirer.
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
