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Refer to the information provided above re Pharma Inc.'s offers. From the perspective of Pharma Inc.'s shareholders, identify whether each statement is a pro or
Refer to the information provided above re Pharma Inc.'s offers. From the perspective of Pharma Inc.'s shareholders, identify whether each statement is a pro or a con of a share offer over the cash offer. Merger gains are not limited Con of a share offer Generally tax free Pro of a share offer Merger gains may not be realized Pro of a share offer Payoffs to target firm's shareholders are more risky Pro of a share offer
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