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    Mergers Acquisitions Study Set 1
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    Exam 3: The Corporate Takeover Market:
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    A Target Firm Is Unlikely to Reject a Bid Without
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A Target Firm Is Unlikely to Reject a Bid Without

Question 70

Question 70

True/False

A target firm is unlikely to reject a bid without getting a "fairness" opinion from an investment banker
stating that the offer is inadequate.

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