Liquidity Mergers
收藏NBER2011-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16724
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资源简介：
We study the interplay between corporate liquidity and asset reallocation opportunities. Our model shows that financially distressed firms are acquired by liquid firms in their industries even when there are no operational synergies associated with the merger. We call these transactions "liquidity
提供机构：
美国国家经济研究局
创建时间：
2011-01-01
