Sirower, Mark L.; Sahni, Sumit - In: Journal of Applied Corporate Finance 18 (2006) 3, pp. 83-95
When a major acquisition is announced, investors try to understand where the value is going to come from and whether the acquirer has a plan to achieve that value. Deals are often brought to market with one big synergy number and a statement that the deal will be "accretive" to earnings. The...
