Kim, Hwagyun (contributor) - 2009
This dissertation examines the relative importance of the information effect oncorporate takeover in total takeover …' abnormal earningsforecast revisions. Empirical results show that the information effect and the synergy areestimated to be … around 4 percent and 22 percent respectively in the 1,372 US samples during 1980-2006. Furthermore, almost all of the synergy …