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Do Acquisitions Relieve Target Firms' Financial Constraints?

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NBER2013-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18840
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资源简介:
Managers often claim that an important source of value in acquisitions is the acquiring firm's ability to finance investments for the target firm. This claim implies that targets are financially constrained prior to being acquired and that these constraints are eased following the acquisition. We
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2013-02-01
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