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  2. Topic
    Business
  3. Study Set
    Mergers Acquisitions
  4. Exam
    Exam 1: Introduction to Mergers, acquisitions, and Other Restructuring Activities
  5. Question
    Because of Hubris,managers of Acquiring Firms Often Believe Their Valuation
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Because of Hubris,managers of Acquiring Firms Often Believe Their Valuation

Question 108

Question 108

True/False

Because of hubris,managers of acquiring firms often believe their valuation of a target firm is superior to the market's valuation.Consequently,they often end up overpaying for the firm.True and False

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