We examine whether acquisitions are more profitable for acquirers when the firms they target disclose higher … precise valuation, we predict that managers of the acquiring firm are able to bid more effectively and pay less to acquire a … target firm that has high-quality accounting information. Using a large sample of acquisitions of public firms over the …

acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand …-based view of the firm, we analyze the importance of these two faces of technology acquisition for the valuation of a target firm …. Empirical evidence for European firm acquisitions in the period from 1999 to 2003 indicates that the price paid by an acquirer …