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We study the process of corporate restructuring for a sample of 298 firms during the 1989-98 period that announce that they are considering restructuring alternatives. We find that restructuring is a lengthy process, with the majority of the restructuring period occurring prior to any definitive...
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, investors and underwriters and test whether institutional characteristics of SPACs determine the success of their merger … probability of the merger for SPACs is increasing if they are able to; announce the deal soon after the IPO, focus that deal on …
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