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For Acquiring ﬁRms,empirical Studies Show That,on Average,the Returns to Shareholders

Question 19

Multiple Choice

For acquiring ﬁrms,empirical studies show that,on average,the returns to shareholders are:

A) Positive,but not significantly so.
B) Negative.
C) Either negative or insigniﬁcant from zero.
D) Too varied to generalize.

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