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in a stock financed merger using fixed value structure, the pre-closing risk (i.e risk between announcement and close) is born: A. 100% by buyer B.

in a stock financed merger using fixed value structure, the pre-closing risk (i.e risk between announcement and close) is born:

A. 100% by buyer

B. 100% by target

C. By both buyer and seller based on the % ownership of the 2

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