Corporate acquisitions by listed firms: the experience of a comprehensive sample

Loderer, Claudio; Martin, Kenneth (1990). Corporate acquisitions by listed firms: the experience of a comprehensive sample. Financial Management, 19(4), pp. 17-33. Wiley

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The sample used includes tender offers, mergers, acquisitions of privately held corporations, and comprehensive acquisitions of other firms' assets. According to the results, the majority of bid announcements prompt significant stock price increases, especially when controlling for partial anticipation problems and relative acquisition size. Furthermore, there is little evidence that firms that engage in "bad" acquisitions are more likely to be taken over.

Item Type:

Journal Article (Original Article)

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Financial Management

UniBE Contributor:

Loderer, Claudio

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics

ISSN:

0046-3892

Publisher:

Wiley

Language:

English

Submitter:

Karin Dolder

Date Deposited:

24 Jan 2014 09:19

Last Modified:

06 Dec 2014 02:26

BORIS DOI:

10.7892/boris.39541

URI:

https://boris.unibe.ch/id/eprint/39541

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