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Which of the following are true about takeovers? A. Target stockholders tend to earn substantial gains B. Acquirer stockholders tend to earn substantial gains C.

Which of the following are true about takeovers? A. Target stockholders tend to earn substantial gains B. Acquirer stockholders tend to earn substantial gains

C. Bondholders of both acquirer and target tend to have positive gains D. Both A and C E. None of the above

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