smaller initial takeover premium proposals. We find evidence that, controlling for endogeneity, top defense litigation counsel …

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 …

increasing shareholder value. This paper talks about how the quality of corporate governance affects the merger deals and the …