As Far as the Managerial Talent of the Target Is

As far as the managerial talent of the target is concerned:

A) the manner in which the acquirer plans to deal with the managerial talent will affect the estimated cash flows to be generated by the target.
B) downsizing will reduce expenses and increase productivity and revenues.
C) governments of some countries are likely to intervene and prevent the acquisition if downsizing is anticipated.
D) all of the above
E) A and C only