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Which of the following statements about control is true? a . Value of control should be greater for a well - managed firm than for
Which of the following statements about control is true?
a
Value of control should be greater for a wellmanaged firm than for a poorly managed one.
b
Empirical evidence suggests that underperforming firms are less likely to become hostile takeover targets than overachieving firms.
c
Value of control increases with the management skills of the acquirer.
d
Warren Buffet suggests that it is wise for an investor to bet on the jockey rather than the horse.
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