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| Q. |
All the following statements are correct except: |
| A. | Case studies examine specific mergers and look for firm specific examples of merger benefits. |
| B. | Stock market studies tend to suggest that most of the stock market gains from merger accrue to shareholders of target firms. |
| C. | Financial and accounting studies typically conclude that mergers benefit shareholders |
| D. | Case studies, the stock market and financial accounting based studies typically conclude that mergers are not always a good idea. |
| Answer» C. Financial and accounting studies typically conclude that mergers benefit shareholders | |
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