Reading Comprehension (RC) | Re: Findings from several studies on corporate mergers

I got confused between C & D. Picked C, my bad. Now, after analysis, let me write my understanding:-
This is coming from the last line of the 1st para. Bidders continue to assert that their objectives are economic ones. - Thats what they mean byone possible explanation
Then, The second para. Acquisitions may well have the desirable effect of channeling a nation's resources efficiently from less to more efficient sectors of the economy,
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