AHERN, KENNETH R.; SOSYURA, DENIS - In: Journal of Finance 69 (2014) 1, pp. 241-291
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>