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We provide the first empirical investigation into the impact of Internet Stock Message Board takeover rumors on the … takeover rumors disseminated during the period January 2003 to December 2008, inclusive. Overall, our analysis, utilizing … intraday Trade and Quote (TAQ) data, reveals that Message Board takeover rumors generate significant positive abnormal returns …
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economically significant predictor of whether a hospital replaces its management with a new team of for-profit managers. We also … find that hospitals replacing their management subsequently upcode more than a sample of similar hospitals that did not, as …
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