Quote:
65. The findings cited in the passage suggest which of the following about the outcomes of corporate mergers and acquisitions with respect to acquiring firms?
(C) They do not fulfill the professed goals of most acquiring firms.
(E) They discourage many such firms from attempting to make subsequent bids and acquisitions.
Quote:
helloGMATNinja
I narrowed down to option C and E, but marked the wrong answer E.
of course the studies suggest that bidding firms are not making profits from the merger and acquisition.
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