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In the 1990s, European merger regulation (EMR) was biased against foreign acquirers, especially if the deal harmed …
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In the 1990s, European merger regulation (EMR) was biased against foreign acquirers, especially if the deal harmed …
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Using a comprehensive sample of reverse merger (RM) transactions, we examine the effects of China's IPO regulations on the prices and returns of its publicly listed stocks. During 2007-2015, unlisted Chinese firms paid an average of 3 to 4 Billion RMB for each listed shell, an amount exceeding...
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