As Is the Case with Most Mergers What Happened to Target

question 13

Multiple Choice

As is the case with most mergers what happened to target firm Gillette's stock and acquiring form P&G's stock on the day their merger was announced?

• A)Both stocks rose
• B)Both stocks dropped
• C)Gillette's stock rose and P&G's stock fell
• D)P&G's stock rose and Gillette's stock fell
• E)P&G's stock fell and Gillette's stock split

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Definitions:

Devil's Bargain

A deal made or situation entered into with potentially disastrous consequences, often involving a compromise of one's ethics or morals.

Radioactive Waste

Materials that are radioactive and for which there is no practical use, requiring managed disposal to protect human health and the environment.

Rural Poverty

Economic hardship experienced by individuals and families living in rural areas, often characterized by limited access to resources, education, and employment.

Native American Groups

Indigenous peoples of the United States, including various tribes, nations, and bands, each with their own distinct cultures, languages, and histories.