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type="main" <title type="main">ABSTRACT</title> <p>Firms have an incentive to manage media coverage to influence their stock prices during important corporate events. Using comprehensive data on media coverage and merger negotiations, we find that bidders in stock mergers originate substantially more news stories after the...</p>
Persistent link: https://www.econbiz.de/10011032151
Persistent link: https://www.econbiz.de/10010641884
type="main" <title type="main">ABSTRACT</title> <p>We represent the economy as a network of industries connected through customer and supplier trade flows. Using this network topology, we find that stronger product market connections lead to a greater incidence of cross-industry mergers. Furthermore, mergers propagate in...</p>
Persistent link: https://www.econbiz.de/10011032167