Question
if the market's response for the changes in market values in response to the rumors of a pending offer and the initial offer is not
if the market's response for the changes in market values in response to the rumors of a pending offer and the initial offer is not the consistent with the valuation of the projected merger benefits, what are the possible reasons ?
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
