Question: 3) Using the data in case Exhibit 9b, analyze the changes in market values of CP and NS in response to the rumors of a

 3) Using the data in case Exhibit 9b, analyze the changes
in market values of CP and NS in response to the rumors

3) Using the data in case Exhibit 9b, analyze the changes in market values of CP and NS in response to the rumors of a pending offer (11/6/2015 - 11/9/2015) and the initial CP offer (11/17/2015 - 11/18/2015). Is the market's reaction consistent with your valuation of the projected merger benefits from

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