Davidson III, Wallace N; Dutia, Dipa; Cheng, Louis - In: Journal of Finance 44 (1989) 4, pp. 1077-83
This study examines the revaluation of shares surrounding the cancellation of mergers over the years 1976-85. The results are first categorized according to the party canceling the merger and then by subsequent merger activity. The results are as expected: target firms that become involved in...