This dissertation examines the relative importance of the information effect oncorporate takeover in total takeover …-offer. Overall, the corporatetakeover bid generates information gains up to 15 percent of total takeover gains.It also develops a … the sources of takeover gains? Dotakeovers create value? Why are stock offers more common? Who gains from suchtransactions …

, we examine the effect of the market reaction to a takeover announcement in conjunction with divergence of opinion on deal … Australian acquirers and 584 targets and find some evidence that managers in takeover negotiations listen to the acquirer market … analysed this mpact. We find that by using divergence of opinion to predict takeover success, we can build a merger arbitrage …