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Which one of these statements is correct?A) The titles to the target firm's individual assets must be transferred to the acquirer in a merger.B) If a target firm's managers oppose an acquisition, the acquisition cannot occur.C) The acquisition of a target firm's assets can be done without the approval of the target firm's shareholders.D) A tender offer must be accepted by all of the target firm's shareholders to be effective.E) An acquisition of stock in a target firm may later be followed with a formal merger.
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