Due diligence is an important step in the merger process. Which of the below statements is NOT a reason why due diligence is important to the acquiring firm?

Group of answer choices

It provides access to the targets private information, which can be used against them if the deal is not completed.

It provides information that can be used in negotiations.

It can help fulfill disclosure requirements to investors.

It is used to identify potential legal issues with the merger, such as pending lawsuits.