The analyst should be careful not to tmechanically add an


The analyst should be careful not to tmechanically add an acquisition premium to the arget firm's estimated value based on the comparable companies' method if there is evidence that the market values of these "comparable firms" already reflect the effects of acquisition activity elsewhere in the industry. True or False. Explain.

Please explain.

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Finance Basics: The analyst should be careful not to tmechanically add an
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