Question: Tor Eckman Corporation plans a major acquisition in the near future
Tor-Eckman Corporation plans a major acquisition in the near future. Analysts estimate a 60% probability that the company will acquire Aldex Industries and a 50% probability that it will acquire the Bennett Company. They agree that there’s a 30% probability that Tor will acquire both. How likely is it that Tor will acquire either Aldex or Bennett (or both)?
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