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Wealth Destruction on a Massive Scale? A Study of Acquiring-Firm Returns in the Recent Merger Wave

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NBER2004-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w10200
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Acquiring-firm shareholders lost 12 cents at the announcement of acquisitions for every dollar spent on acquisitions for a total loss of $240 billion from 1998 through 2001, whereas they lost $7 billion in all of the 1980s, or 1.6 cents per dollar spent. Though the announcement losses to acquiring
提供机构:
美国国家经济研究局
创建时间:
2004-01-01
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