Bozos, Konstantinos; Koutmos, Dimitrios; Song, Wei - In: Journal of International Financial Markets, … 27 (2013) C, pp. 47-58
This article demonstrates that the risk profile of acquiring banks’ common stock changes in the aftermath of a merger announcement when examining 177 large merger deals in the United States spanning from 1998 to 2010 and inclusive of the fifth and sixth merger waves. There is a tendency for...