The Success of Acquisitions: Evidence From Disvestitures
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This paper studies a sample of large acquisitions completed between 1971 arid 1982. By the end of 1989, acquirers have divested almost 44% of the target companies. Using the accounting gain or loss recognized by the acquirer, press reports, and the sale price, we characterize the ex post success of
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美国国家经济研究局创建时间:
1990-10-01



