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ESMA provides further details on trade reporting in updated EMIR Q&AThe European Securities and Markets Authority (ESMA) has issued today updated Question & Answers (Q&As) on the implementation of the European Markets Infrastructure Regulation (EMIR). These updated Q&As clarify, among others,...
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twocounterfactual analyses. First, I consider a hypothetical merger of twochains and find that the merger would decrease the number of …
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the slaughterhouses of bovine meat, and to verify if the merger, in order to get scale economies, can always imply in … welfare of the society. The methodology was applied for two types of merger: merging enters the two companies with lesser …
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century. They present a company with a potentially larger market share and open it up to a more diversified market. A merger … mergers and acquisitions have the capacity to decrease competition in various ways.The merger between JP Morgan Chase and Bank … retail banking markets and clientele in the regions where its previous exposure had been virtually inexistent. The merger …
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In a merger, a stockholder often has a statutory right of dissent and appraisal under which the stockholder may demand … to be paid fair value exclusive of any gain or loss that may arise from the merger itself. Most courts and commentators … minority stockholder is thus entitled to a share of the control value of the corporation even though the merger does not …
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A variety of research projects have been done on some aspect of Search Engine Optimisation (SEO) and on website usability. At the same time the literature has indicated that SEO is crucial as a marketing channel to exploit the Internet's commercial potential. In addition, it has been discovered...
Persistent link: https://www.econbiz.de/10009447183
Three years after the seminal work of Black and Scholes on the pricing of European options, Scholes presented a paper in which the impact of taxation on the value of an option is analyzed. We restart this discussion in a simple binomial setting emphasizing the economic principles of replicating...
Persistent link: https://www.econbiz.de/10009452631
We present empirical evidence on acquirer firms that have violated or are about to violate a loan covenant within four quarters of undergoing an acquisition. We find that firms that violate a covenant within the four quarters before the acquisition announcement have the highest announcement...
Persistent link: https://www.econbiz.de/10009438622