Bidder Pools in Mergers and Acquisitions
收藏NBER2026-02-01 更新2026-02-21 收录
下载链接：
https://www.nber.org/papers/w34846
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资源简介：
Allocation mechanisms in M&A deals are complex, but a main feature is that a target board controls who to invite to the sale. In a theoretical model, we show that it is optimal for the target to invite fewer potential acquirers when they are more homogeneous (i.e., when their values for the target
提供机构：
美国国家经济研究局
创建时间：
2026-02-01
