Question: Read the article and write 2-3 pages -
1- Summarize the case?
2- What is the issue raise from the case?
3- What is the solution?
4- What does the case relate to the topic capital budgeting and long term acquisition?
5- Your opinion on this case 6- any other real life similar example?
Article - The adverse selection effect of corporate cash reserve: Evidence from acquisitions solely financed by stock by Ning Gao.
Attachment:- Article.rar