In cross-border M&As, acquirer shares often are less attractive to potential targets because of the absence of a liquid market for resale or because the acquirer is not widely recognized by the target firm's shareholders.

Question

Quizplus · Accepted Answer

This statement is true. The absence of a liquid market and lack of recognition by the target firm's shareholders are common reasons for acquirer shares being less attractive in cross-border M&As.

In Cross-Border M&As, Acquirer Shares Often Are Less Attractive to Potential