Studies Conducted on Mergers and Acquisitions Have Generally Concluded That

Multiple Choice

Studies conducted on mergers and acquisitions have generally concluded that:

A) both acquiring and target firm's shareholders benefit approximately equally in most situations.
B) all involved shareholders tend to neither gain nor lose much as a result of these transactions.
C) only highly leveraged acquisitions produce any shareholder gains.
D) these transactions are financially beneficial to target shareholders.
E) acquiring firm's shareholders gain at the expense of the target firm's shareholders.