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We examine the announcement and post‐acquisition share returns of UK acquirers in over 4,000 acquisitions of domestic, cross‐border, public and private targets. Domestic public acquisitions result in negative announcement and post‐acquisition returns, whilst cross‐border public...
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We examine empirically the relative performance effects of single and multiple acquirers. We find little difference between them. However, we do find that for multiple acquirers short and long run performance declines significantly with each subsequent acquisition. We find that this pattern is...
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This paper investigates factors that affect rejection rates in applications for outside finance among different types of investors (banks, venture capital funds, leasing firms, factoring firms, trade customers and suppliers, partners and working shareholders, private individuals and other...
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