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Which one of the following statements is not correct?n n A. Acquisition announcement with companies having professional ties among board members results more favorable acquirers'

Which one of the following statements is not correct?n
n
A. Acquisition announcement with companies having professional ties among board members results more favorable acquirers' stock market response compared to deals without professional ties.n
n
B. Acquisition announcement with companies having professional ties among board members results favorable stock market response to target companies.n
n
C. Acquisition announcement with companies having social ties among board members results non-favorable stock market response to acquirer companies.n
n
D. None of the other given alternatives.

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