Bick, Patty; Crook, Matthew D.; Lynch, Andrew A.; … - In: Managerial Finance 43 (2017) 11, pp. 1292-1308
Purpose The purpose of this paper is to examine the impact firm proximity to financial centers has on announcement returns and time to deal completion for mergers and acquisitions. Design/methodology/approach Using a data set of merger and acquisition activity from 1986 to 2014, target and...