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The last 40 years have witnessed several merger waves and the size of total merger and acquisition transactions total more than $1 trillion. Yet, the
The last 40 years have witnessed several merger waves and the size of total merger and acquisition transactions total more than $1 trillion. Yet, the biding firm fails to benefit from the takeover activities. Using the context of managerial interest for engaging in merger activities explain why takeover fails to create value for bidding firm.
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