Is There One Best Way to Sell a Company? Auctions Versus Negotiations and Controlled Sales-super-1
For managements and boards that have decided that the value-maximizing choice is to sell their companies, the board must then address another important question: what is the best way to sell the company? Should they use a wide-ranging auction that seeks to attract the largest number of bidders, exclusive negotiation with a single bidder, or a "controlled sale" with a limited group of potential buyers? Copyright Copyright (c) 2009 Morgan Stanley.
Year of publication: |
2009
|
---|---|
Authors: | Boone, Audra L. ; Mulherin, J. Harold |
Published in: |
Journal of Applied Corporate Finance. - Morgan Stanley, ISSN 1078-1196. - Vol. 21.2009, 3, p. 28-37
|
Publisher: |
Morgan Stanley |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Valuing the Process of Corporate Restructuring
Boone, Audra L., (2001)
-
Corporate restructuring and corporate auctions
Boone, Audra L., (2002)
-
Do auctions induce a winner's curse? : new evidence from the corporate takeover market
Boone, Audra L., (2008)
- More ...