Basu, Nilanjan; Chevrier, Mathieu - In: Managerial Finance 37 (2011) January, pp. 21-33
Purpose – The purpose of this paper is to examine the impact of the distance between the acquiror and the target on merger outcomes. Design/methodology/approach – The authors use the distance between acquiror and target headquarters for a sample of 134 Canadian mergers to proxy for the...