ownership increases the probability that a merger deal is cross-border, successful, and the bidder takes full control of the …

the German Reorganisation Act (UmwG). A merger passed at the General Annual Meeting will not move forward as long as any …

This paper examines whether post-merger board composition affects the premiums paid to target shareholders. Using a … sample of 207 stock-for-stock mergers from 1996 to 2004, we show that target merger premiums vary inversely with target … director representation on the post-merger board. We also provide some evidence that both inside and outside target directors …

Using hand-collected data, we examine the targeting of shareholder class action lawsuits in merger & acquisition (M …&A) transactions, and the associations of these lawsuits with offer completion rates and takeover premia. We find that M&A offers … takeover premia in completed deals, after controlling for the same factors. Economically, the expected rise in takeover premia …

, evidence is in strong support that firms with merger-related conference calls yield a higher abnormal return than firms merely …