TRUE or FALSE: A merger announcement induces a substantial positive abnormal return on the acquiring firm's stock (approximately 20%, on average), while the target firm's stockholders are either unaffected or sustain small losses, on average

a. TRUE
b. FALSE


B

Business

You might also like to view...

The reality principle finds ways to gratify the id that are acceptable to the outside world

Indicate whether the statement is true or false

Business

Brandy's, a national candy store chain, decides to open both a coffee house and ice cream shop within their stores to create a multi-faceted experience for shoppers

The company decides to enter into deals with two well-known retailers — The Beanery and Creamy Creations. As stipulated in their respective contracts, The Beanery and Creamy Creations cannot enter into the same type of agreement with any other candy retailers. All three companies will enjoy greater sales, and ultimately profits, from the arrangement. This is most likely an example of a(n) ________ marketing system. A) direct B) administered vertical C) corporate vertical D) contractual vertical E) horizontal

Business

Which of the following provides a firm with one or more specialized services, such as media buying or creative development, that an advertising campaign requires?

A) a limited-service agency B) an account management agency C) a retail advertising agency D) a media planning agency E) an integrated marketing agency

Business

Bankruptcy law is exclusively federal law; there are no state bankruptcy laws

Indicate whether the statement is true or false

Business