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Which of the following best describe targeted repurchases? A. The firm can buy back shares from favored shareholders (say institutional investors) at a discount. B.

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Which of the following best describe targeted repurchases? A. The firm can buy back shares from favored shareholders (say institutional investors) at a discount. B. The firm can buy back shares from an acquirer at a premium in exchange for the bidder dropping the acquisition attempt. c. The firms buys back a fixed (pre-determined) number of shares D. The firm offers all shareholders the opportunity to sell their shares at a fixed price

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