Chen, Yugang; Lu, Jihua; Ma, Weidong; Kumar, Satish; … - In: Research in international business and finance 71 (2024), pp. 1-26
, effectively captures M&A information uncertainty, disseminates information about transaction risks, and enhances investors …' ability to discern high-risk acquisition attempts. We find that consistent with the information uncertainty perspective …, dispersion in news sentiment is associated with higher change in the acquirer's information uncertainty, lower M&A announcement …
