Use the following statements to answer this question:
I.The white knight is a strategy to avoid being acquired by another firm.
II.Selling the crown jewels can lead to a long-term decrease in the value of the firm.
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.
Correct Answer:
Verified
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