The overriding goal for merging is to
A. increase cash flows.
B. maximize shareholder wealth as reflected in the acquirer’s share price.
C. maximize shareholder wealth as reflected in the share price of the target firm.
D. maximize operating efficiency.
Answer:B
The overriding goal for merging is to
A. increase cash flows. B. maximize shareholder wealth as reflected in the acquirer’s share price. C. maximize shareholder wealth as reflected in the share price of the target firm. D. maximize operating efficiency.