Goergen, Marc; Renneboog, Luc - In: European Financial Management 10 (2004) 1, pp. 9-45
"This paper analyses the short-term wealth effects of large intra-European takeover bids. We find announcement effects of 9% for the target firms compared to a statistically significant announcement effect of only 0.7% for the bidders. The type of takeover bid has a large impact on the...
