Which of the following statements is most correct?

> Moving to another question will save this response Question 1 of 15> estion 1 2 points Saved Which of the following statements is most CORRECT? Q A defensive merger is one where the firm's managers decide to merge with another firm to avoid or lessen the possiblity of being acquired through a hostile takeover O Acquiring firms send a signal that their stock is undervalued if they choose to use stock to pay for the acquisition O Cash payments are used in takeovers but never in mergers O Managers often are fired in takeovers, but never in mergers. 0 If a company that produces military equipment merges with a company that manages a chain of motels, this is an example of a horizontal merger Question 1 of 15 . 804 PM Moving to another question will save this response