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    Mergers Acquisitions Study Set 1
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    Exam 14: Applying Financial Modeling
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    Can the Initial Offer Price Ever Exceed the Maximum Purchase
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Can the Initial Offer Price Ever Exceed the Maximum Purchase

Question 18

Question 18

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Can the initial offer price ever exceed the maximum purchase price? If yes, why? If no, why not?

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Yes. Hubris on the part of acquiring com...

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