In a successful takeover, the shareholders of the acquiring ﬁrm usually realize substantial gains.

Name: In a successful takeover, the shareholders of the acquiring ﬁrm usually realize substantial gains.
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In a successful takeover, the shareholders of the target firm typically realize substantial gains, while the acquiring firm's shareholders may not see significant gains and sometimes even experience losses due to the costs and risks involved in the acquisition.

In a Successful Takeover, the Shareholders of the Acquiring ﬁRm