Research has showed that "bad bidders" are no more likely to become targets of takeover bids.

Name: Research has showed that "bad bidders" are no more likely to become targets of takeover bids.
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Research has shown that companies with poor management or performance, often referred to as "bad bidders," are more likely to become targets of takeover bids as acquirers see an opportunity to improve the company's value.

Research Has Showed That "Bad Bidders" Are No More Likely