How are the gains from mergers distributed between the shareholders of the acquired and acquiring firms? What options may be provided in financial securities?

Corporate finance

1- What happens when the capital structure changes?

2- How are the gains from mergers distributed between the shareholders of the acquired and acquiring firms?

3- What options may be provided in financial securities?

How are the gains from mergers distributed between the shareholders of the acquired and acquiring firms? What options may be provided in financial securities?
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