Question: in a stock financed merger using fixed value structure, the pre-closing risk (i.e risk between announcement and close) is born: A. 100% by buyer B.
in a stock financed merger using fixed value structure, the pre-closing risk (i.e risk between announcement and close) is born:
A. 100% by buyer
B. 100% by target
C. By both buyer and seller based on the % ownership of the 2
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