Balachandran, Balasingham; Faff, Robert; Love, Roger; … - In: Multinational Finance Journal 12 (2008) 3-4, pp. 219-240
This study examines the effects of announcements of acquisition of assets on shareholder wealth of buyers over the period January 2000 to December 2002 in the U.K. Significant positive announcement period abnormal returns for ‘fit’ acquisitions of divested assets that disclosed the...