Private synergy refers to:
A) synergy that takes place in a firm that is taken private through the use of junk bonds.
B) a benefit from merging the acquiring and target firms that only one or two individuals in a firm may recognize.
C) a benefit from merging the acquiring and target firms that is due to a unique set of resources that are complementary between the two firms.
D) a benefit from merging the acquiring and target firms that is due to a unique resource that is not complementary between the two firms but which is available to other bidders for the target firm.

Question

Quizplus · Accepted Answer

Private synergy refers to a benefit from merging the acquiring and target firms that is due to a unique set of resources that are complementary between the two firms. The term "private" suggests that only the specific firms involved in the merger are able to benefit from this synergy, as opposed to a more general industry-wide benefit.

Private Synergy Refers To