Takeover Bids below the Expected Value of Minority Shares
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https://www.nber.org/papers/w2524
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资源简介:
Focusing on takeover bids whose outcome can be predicted in advance with certainty, Grossman and Hart established the proposition, which subsequent work accepted, that successful bids must be made at or above the expected value of minority shares. This proposition provided the basis for Grossman and
提供机构:
美国国家经济研究局
创建时间:
1988-02-01



