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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 …
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The paper examines the returns to shareholders of acquiring companies in India during the period 2003-08. The abnormal returns due to the announcement of mergers and acquisitions (M&A) and return on equity funds five years before and after M&A have been examined. The study also performs a...
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