Which One of These Statements Is True

question 37

Multiple Choice

Which one of these statements is true?

• A)One disadvantage of a merger is that it requires the approval of both the target and bidder firm's shareholders.
• B)Normally,the target firm's management is very cooperative during the merger process.
• C)A consolidation is a complete absorption of a target firm by a bidder firm,which retains its name and identity.
• D)An entirely new firm is created when any type of merger or consolidation occurs.
• E)Mergers are legally complex and expensive.

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Definitions:

Prozac

A brand name for fluoxetine, a selective serotonin reuptake inhibitor (SSRI) used to treat depression, obsessive-compulsive disorder, and other conditions.

Meaningless

Lacking in purpose, significance, or value; conveying no clear message or understanding.

Helpless

A state of being unable to take action or exert control over one's situation, often resulting in feelings of powerlessness.

Mood-stabilizing Drug

A type of medication used to treat mood disorders by stabilizing emotional highs and lows.