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which of the following statements is most correct A. Firms that are acquired usually have a market price below book value before the merger offer

which of the following statements is most correct
A. Firms that are acquired usually have a market price below book value before the merger offer is made however once the initial offer is made the price can rise above book value but the purchase price especially in large acquisitions generally remained within 20% a book value
B. When tactical purchasing Gary oriole many financial analysis felt that the deal made sense because it increase Texaco's market share and expected it shrinking oil reservoir this merger exemplified the belief among the natural resources companies that buy reserves thought acquisitions what's the less costly than exploring and finding them in the field
C. When mobile oil company tried to acquire Conoco which was another oil company stock holders were concerned that the US Justice Department would try to block the merger because it would lessen competition does anti-trust considerations affected this pro pose the horizontal merger
D. answer b and c are correct
E. all of the statements above are false
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