Which of the following would not be a reason for the management of a target company to resist a takeover by an acquiring company?
A) Management of the target company may feel that the tender offer is too high.
B) Management of the target company may not think that the acquiring company's management style will be effective in the target company.
C) Management of the target company may be concerned about losing personal power and influence.
D) Neither a. nor b. would be a reason to resist a takeover.
Correct Answer:
Verified
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