Business, 17.04.2020 03:15 abby2236

Which of the following statements is most CORRECT?

a. Managers often are fired in takeovers, but never in mergers.
b. A defensive merger is one where the firm's managers decide to merge with another firm to avoid or lessen the possibility of being acquired through a hostile takeover.
c. Cash payments are used in takeovers but never in mergers.
d. 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.
e. Acquiring firms send a signal that their stock is undervalued if they choose to use stock to pay for the acquisition.

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Which of the following statements is most CORRECT?

a. Managers often are fired in takeov...

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