Strategic acquirers are typically seeking a solution to a business problem or need through the acquisition of another company.

True

False

Question $15$

$2$ pts

When a company spins off a subsidiary business to its shareholders, the typical impact on the shareholders is a taxable transaction and an inflow of unexpected cash.

True

False

Question $16$

$2$ pts

EBITDA is a popular calculation to measure the leverage of a firm.

True

False