Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Please fill in the blank. On average, shareholders of the stock upon the announcement of a merger. Target, large positive returns Both; little change Both; large positive returns Target, mild positive returns firm see on their
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Transcribed Image Text:Please fill in the blank. On average, shareholders of the stock upon the announcement of a merger. Target, large positive returns Both; little change Both; large positive returns Target, mild positive returns firm see on their
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In long-run the return of both the bigger company
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So the first is the correct choice.
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