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Which of the following is not true of a divestiture? a. It may create cash infusion for the parent firm. b. Parent entity ceases to

Which of the following is not true of a divestiture?

a. It may create cash infusion for the parent firm.

b. Parent entity ceases to exist.

c. The proceeds of the sale is taxable if returned to shareholders through a dividend or stock buyback.

d. A new legal subsidiary may be created.

e. B and C.

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