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Which of the following characteristics of a target firm would likely offer favorable tax benefits to merger from the standpoint of a bidding firm? A.

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Which of the following characteristics of a target firm would likely offer favorable tax benefits to merger from the standpoint of a bidding firm? A. The target firm has unused net operating losses that can be used by the bidder. B. The target firm has resources to which the purchaser wants access. C. The target firm has no unused debt capacity. D. The target firm has access to markets that the bidder wishes to exploit. E. The target firm has resources that are complementary to the bidder. QUESTION 33 Greenmail is one type of A. a targeted repurchase agreement B. an exclusionary self tender offer Ca corporate charter amendment D. a poison pill E. a flip-over provision

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