Information Revelation via Takeovers in Correlated Environments

This paper studies the informational content of takeover bids in correlated environments and provides an explanation for the empirical result that industry rivals of takeover targets exhibit positive share-price reactions on the announcement of a bid. © 1997 John Wiley & Sons Ltd.

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Year of publication:	1997
Authors:	Kerschbamer, Rudolf
Published in:	Managerial and Decision Economics. - John Wiley & Sons, Ltd., ISSN 0143-6570. - Vol. 18.1997, 1, p. 55-60
Publisher:	John Wiley & Sons, Ltd.

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005793129