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In 2020, your company has invested in the financial markets by purchasing stocks of A Corporation. The current market price per stock is JOD 3.5.
In 2020, your company has invested in the financial markets by purchasing stocks of "A" Corporation. The current market price per stock is JOD 3.5. Recently, it was announced that "B" Corporation wants to buy all "A" Corporation outstanding stocks for JOD 4 per stock. The management of "A" Corporation immediately refused this acquisition transaction and started fighting it off. As an investor, you are required to evaluate if the action of the management of "A" Corporation is in the best interest of stockholders and why
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