Which one of the following is not one of the reasons that Jensen and Ruback listed as to why bidding firms might want to engage in merger and acquisition strategies?
A) to reduce production or distribution costs
B) to gain market power in product markets
C) to expand individual managers' power within an organization
D) to eliminate inefficient target management

Question

Quizplus · Accepted Answer

Jensen and Ruback listed reasons for merger and acquisition strategies as including cost reduction, market power gain, and elimination of inefficient target management. However, expanding individual managers' power within an organization is not listed as a reason for engaging in M&A.

Which One of the Following Is Not One of the Reasons