Which of the following are given as reasons for the high level of merger activity in the U.S.? A) Synergistic benefits arising from mergers. B) Economies of scale C)Attempts to stabilize earnings by diversifying. D) Purchase of assets below replacement cost E) All of the statements above are correct.

Which of the following are given as reasons for the high level of merger activity in the U.S.? A) Synergistic benefits arising from mergers. B) Economies of scale C)Attempts to stabilize earnings by diversifying. D) Purchase of assets below replacement cost E) All of the statements above are correct