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Which of the following statements accurately describes an advantage associated with an acquisition via a share offer relative to a cash offer? Group of answer

Which of the following statements accurately describes an advantage associated with an acquisition via a share offer relative to a cash offer?

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(a) The share offer ensures that the voting power of the original shareholders in the bidding firm is not diminished following the acquisition.

(b) In the presence of information asymmetry, the share offer tends to send a very positive signal to the market about the bidders current share price.

(c) Share offers tend to be more popular than cash offers when bidding firms have excess cash that cant be profitably invested elsewhere.

(d) More than one of the above.

(e) None of the above

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