Fescioglu-Unver, Nilgun - 2011
A merger occurs when a bidder firm offers to purchase the control rights in a target firm or when a target firm … solicits bids from a bidder firm to purchase the control rights. Predicting merger candidacy is important to measure the price … predicting merger candidacy. We use a comprehensive dataset that covers the years 1979 to 2004 and includes all deals with …