Showing 1 - 10 of 16
Purpose: Mergers and acquisitions (M&A) have become a popular vehicle for domestic as well as international companies …
Persistent link: https://www.econbiz.de/10011107682
In our sample of 1,937 US mergers (1995 to 2011), 8.4 percent of all targets received oers with negative premiums where the initial bid undercuts the pre-announcement market price. We theoretically show that target overvaluation, market liquidity and `hidden earnouts', where target shareholders...
Persistent link: https://www.econbiz.de/10011110570
We consider a takeover in which risk neutral bidders must incur participation costs and study their optimal strategy. We found that bidders decision of participation is endogenous. There is a threshold of private participation cost above that a potential bidder will stay out of takeover process....
Persistent link: https://www.econbiz.de/10009004201
In this paper we analyze incentives for a potential entrant to get into an oligopolistic Cournot-like market by taking over one of the incumbents and we derive the conditions under which the hostile merger is possible and profitable. The key-feature is that the target of the takeover is...
Persistent link: https://www.econbiz.de/10005014712
The paper intends to review, summarize and discuss various institutional laws refer to mergers and acquisitions (M …
Persistent link: https://www.econbiz.de/10011240209
acquisitions integration strategy. The explored CoBO propositions may be useful in various implications such as information …
Persistent link: https://www.econbiz.de/10011267864
This paper analyses the employment effects of mergers and acquisitions by using matched establishment-level data from …
Persistent link: https://www.econbiz.de/10005622076
This aim of this paper is twofold. First it examines the determinants of acquisitions and divestitures of Dutch firms … in the period 1996-2004. Second, it investigates the impact of acquisitions and divestitures on the firm’s innovative … involved in acquisition activities than non-innovating firms, which suggests that acquisitions are a strategy to gain access to …
Persistent link: https://www.econbiz.de/10005787147
commercial transactions, as from 01 January 2007 they do no longer include the acquisitions and deliveries performed between the …
Persistent link: https://www.econbiz.de/10005837358
Imagine that you have reached the pinnacle of your career, and you are sitting in the driver’s seat of a multi-billion dollar enterprise. Business is good, sales are up, and the stock market responds to your company’s performance. In such circumstances, a chief executive officer (CEO) may...
Persistent link: https://www.econbiz.de/10008549644