Target Revaluation after Failed Takeover Attempts – Cash versus Stock
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下载链接:
https://www.nber.org/papers/w18211
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资源简介:
Cash- and stock-financed takeover bids induce strikingly different target revaluations. We exploit detailed data on unsuccessful takeover bids between 1980 and 2008, and show that targets of cash offers are revalued on average by +15% after deal failure, whereas stock targets return to their pre
提供机构:
美国国家经济研究局
创建时间:
2012-07-01



