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Which of the following reasons is the least likely to be a major motivation for...

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Finance

Which of the following reasons is the least likely to be a major motivation for a merger?

Select one:

a. to gain new technology, such as copyrights and patents.

b. to assist fund-raising.

c. to reduce earnings per share.

d. to expand operations with less cost and risk than developing in-house production capabilities.

e. to increase managerial skills.

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