Which of the Following Statements Is FALSE

question 15

Multiple Choice

Which of the following statements is FALSE?

• A)In practice,most acquirers pay a substantial acquisition premium,which is the percentage difference between the acquisition price and the premerger price of the target firm.
• B)When a bid is announced,the target shareholders enjoy a gain of 15% on average in their stock price.
• C)In most U.S.states,the law requires that when existing shareholders of a target firm are forced to sell their shares,they receive the market price for their shares.In most cases,this concept is interpreted as the value inclusive of any value that arises because of the merger itself.
• D)A bidder is unlikely to acquire a target company for less than its current market value.

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Definitions:

Unix/Linux

A category of operating systems that are powerful, multi-user, and serve as the foundation for many modern platforms.

-lm

An option used in the command line when compiling a program in C or C++ to link the math library, making mathematical functions available to the program.

Control String

A string in programming used to format or control the output of variables, often seen in functions for printing or displaying data.

Function

A named section of a program designed to perform a specific task, which can take inputs, process them, and return an output.