With the advent of globalization and liberalization, the concept of M&As has become an integral part of the Indian economy. This phenomenon has had far reaching repercussions on Indian industrial milieu, its development and growth. The changing market conditions have brought very significant and...

This paper presents a short survey of theoretical research in takeover auctions. It concentrates on the models of preemptive jump bidding and the effect of toeholds as well as the models that investigate the combination of these two effects