From the time prior to announcement until an acquisition takes effect, the value of the stock of the acquiring company will likely:
A)rise sharply.
B)rise sharply, then slowly fall.
C)remain largely unchanged.
D)fall slowly, then rise sharply.
E)None of the above

Question

Quizplus · Accepted Answer

From the time prior to announcement until an acquisition takes effect, the value of the stock of the acquiring company will likely remain unchanged.

From the Time Prior to Announcement Until an Acquisition Takes