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Which of the Following Is NOT True

Question 56

Multiple Choice

Which of the following is NOT true?


A) The beneficiaries of a tender offer are normally the shareholders of the target firm.
B) When management acts on its own authority, it does so mainly to further its own interests.
C) When payment for an acquisition is made through the issuance of securities, the value of these new shares is a concern.
D) Mergers tend to decrease during periods of soaring stock prices.

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