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In which case would the mandatory bid rule deter efficient acquisition? A. Lower the level of threshold. B. A lower level of private benefit of
In which case would the mandatory bid rule deter efficient acquisition?
A. | Lower the level of threshold. | |
B. | A lower level of private benefit of control consumed by the old block holder. | |
C. | Higher level of total firm value under the new block holder. | |
D. | a lower level of total firm value under the old block holder. |
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