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(M&A): the existing answers for similar questions below arenot clear, please use bullet point and give the overallanswers and reasons why to support them, ( From theperspective of target firms or for acquirer firms?)What are the advantages and disadvantages of thefriendly versus hostile approach to a corporatetakeover?What are the primary advantages and disadvantages of commonlyused takeover defences (Preoffer / PostofferDefenses)?
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