Question 17 1 pts Which of the following statements correctly describes aspects of the empirical evidence relating to takeovers as discussed in lectures? The main source of synergies cited by managers is an increase in managerial efficiency More than one of the other answers is correct The main reason why managers didn't support diversification-based mergers was that they felt that it results in less significant reductions in wealth for the firm during times of economic stress. On average the longer term returns to acquirer firms who conduct cash offers is not statistically different to zero. None of the other answers is correct Question 17 1 pts Which of the following statements correctly describes aspects of the empirical evidence relating to takeovers as discussed in lectures? The main source of synergies cited by managers is an increase in managerial efficiency More than one of the other answers is correct The main reason why managers didn't support diversification-based mergers was that they felt that it results in less significant reductions in wealth for the firm during times of economic stress. On average the longer term returns to acquirer firms who conduct cash offers is not statistically different to zero. None of the other answers is correct