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Asset sales: 1) are perceived as good news for investors of the selling firm; II) generally result in the assets being employed more productively after

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Asset sales: 1) are perceived as good news for investors of the selling firm; II) generally result in the assets being employed more productively after the sale; III) transfer business units to companies that can manage them more efficiently; Multiple Choice I only I and II only II and III only I, II, and

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