Multiple Choice
Which one of the following best defines synergy given the following?
VA = Value of firm A
VB = Value of firm B
VAB = Value of merged firm AB
A) (VA + VB) - VAB
B) VAB - (VA + VB)
C) greater of 0 or (VA + VB) - VAB
D) greater of 0 or VAB - (VA + VB)
E) greater of 0 or VAB
Correct Answer:
Verified
Correct Answer:
Verified
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