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Scenario 1: You are the Chief Investment Manager of Nexus Corporation one of the leading...

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Accounting

Scenario 1: You are the Chief Investment Manager of Nexus Corporation one of the leading Investment Banks of the country. You are working on the merger and acquisition transaction of Ahman Co and Verizon Soft where Ahman is acquiring Verizon Soft a software technology company. It is expected that as a result of the transaction the share prices of the Verizon would increase. Seeing opportunity of profit, you purchase the shares of Verizon using this information. Discuss the legal implication of this transaction. (BREIF AND PRECISE)

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