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Using the data in case Exhibit 9b, analyze the changes in market values of CP and NS in response to the rumors of a pending
- Using the data in case Exhibit 9b, analyze the changes in market values of CP and NS in response to the rumors of a pending offer (11/06/15-11/09/15) and the initial CP offer (11/17/15-11/18/15). Is the market's reaction consistent with your valuation of the projected merger benefits from Question 2?
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Modern Auditing
Authors: Walter Gerry Kell, William C. Boynton, Richard E. Ziegler
5th Edition
0471542830, 9780471542834
