Studies Have Shown That Acquiring Firm Shareholders Tend to Realize

Multiple Choice

Studies have shown that acquiring firm shareholders tend to realize minimal gains,if any,due to

A) the target firm and acquiring firm being too similar in size.
B) the target firm's being acquired for less than their true value.
C) merger gains being underestimated.
D) overinflated synergy estimates.
E) negative purchase premiums.