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Question
Around the announcement date of a merger, acquiring firm shareholders normally earn
a. 30% positive abnormal returns
b. 20% abnormal returns
c. Zero to slightly negative returns
d. 100% positive abnormal returns
e. 10% positive abnormal returns
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Which of the following is not typically true of post-closing evaluation of an acquisition?
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