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Which one of these statements is false? Multiple Choice A. The complete absorption of one firm by another requires a merger. B. In stock acquisitions

Which one of these statements is false? Multiple Choice A. The complete absorption of one firm by another requires a merger. B. In stock acquisitions the bidding firm deals directly with the target firms shareholders. C. Shareholders of the target firm must vote to approve an acquisition by stock. D. The cost of a stock acquisition can be higher than the cost of a merger if the target firms management resists. E. Acquisitions are sometimes unfriendly.

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