determine the shareholder value addition consequent to merger announcements with respect to the six selected bank mergers during …. The effect of merger announcements of the banks on their shareholders' value was evaluated based on the Abnormal Returns …

defined event window.In order to analyse the effect of announcement of bank's Merger and Acquisition on stock price, we have … existence of positive abnormal returns for shares of these firms. The aim of this project is to examine the impact of Merger and … by security holders accompanying specific events (e.g. merger announcements, earnings announcements, stock splits), where …