老师可以解释一下mock A(afternoon session) #20 这道题目的答案A为什么不对吗?
题目:
Although I am certainly in favor of this takeover, I think greatest value will be achieved from the acquisition for both firms if we offer more stock and less cash.
官网解答:
A is incorrect. The more of the merger that is paid for by stock, the more that the risks and benefits of realizing these synergies (assuming they really exist) will be passed on to the target shareholders. Hence, a lower benefit will result if more stock is used.