Use the following statements to answer this question:
I.The friendly acquisition process involves investigating only the value of the firm using public information, not confidential information.
II.The data room provides specific information about the acquiring firm's valuation process.
A)I and II are both correct.
B)I and II are both incorrect.
C)I is correct and II is incorrect.
D)I is incorrect and II is correct.

Question

Quizplus · Accepted Answer

I is incorrect because the friendly acquisition process often involves due diligence, where confidential information is shared under a confidentiality agreement, not just public information. II is incorrect because the data room typically contains information about the target firm, not the acquiring firm's valuation process.

Use the Following Statements to Answer This Question