What is the market reaction to a takeover announcement? Which answer is correct and why?

A.The price of the target increases by 15%, while the price of the acquirer decreases by 1%.

B.The price of the target increases by 15%, while the price of the acquirer increases by 1%.

C.The price of the target and acquirer both increase by 15%.

D.The price of the target increases by 1%, while the price of the acquirer increases by 15%.