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Transaction Costs
Expenses incurred during the buying or selling of goods and services, which can include broker fees, commissions, and taxes.
Acquiring Firm
A company that takes over or buys another company, typically referred to in the context of mergers and acquisitions.
Target Firm
A company that is the subject of a takeover attempt or acquisition interest by another company.
Management Team
The group of individuals who oversee the operations of a business and make high-level strategic decisions.
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