In Some Studies,it Has Been Found That a Target Company's

question 23

Multiple Choice

In some studies,it has been found that a target company's shareholders have gained even where a takeover bid has been unsuccessful.A likely reason for this is that:

• A)the bid prompted a change in the target company's investment strategy.
• B)the market may expect another bid for the target company.
• C)gains to target shareholders result from the market's reassessment of previously undervalued shares.
• D)the bid prompted a change in the target company's investment strategy and that the market may expect another bid for the target company.

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Definitions:

Grand Theory

A broad conceptual framework that attempts to explain large segments of the human experience, often used within the discipline of sociology and psychology.

Betty Neuman's Theory

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Line of Defences

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Physiological Adaptation

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