Given as a reason for merger activity

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Which of the following is NOT given as a reason for merger activity in the U.S.?

a. Synergistic benefits arising from mergers.

b. Increased market power and a reduction in competition resulting from mergers.

c. Attempts to stabilize earnings through diversification.

d. Making an acquisition tends to increase the acquiring company's stock price.

Reference no: EM131332839

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