privatization process, 7 % of the shares of the PO were publicly held in the Istanbul Stock Exchange (ISE). In the first step, a … shell company. After the merging process, the name of the company stated as the PO again since it has had a good reputation …

Although there are numerous studies examining takeover effects, there are very few that focus on emerging stock markets … firms when applied different methods. This research features a study of takeover effects on one such emerging market: the … takeover were investigated using more advanced methodologies and metrics. Their long-term bid period returns were measured by …

measure. A larger acquirer size is associated with a larger takeover size, but a lesser target ratio is relative to the size …

for takeover premia. Auctions increase the price obtained by the target, but reduce welfare compared to negotiation …

bank when its partner bank fails. We investigate how capital constraints affect the choice of the healthy bank to takeover …

This paper provides new evidence regarding the bidder shareholder wealth effects of takeover announcements by utilizing … whether this effect differs between single-bidder and multiple-bidder takeover contests. Using a dataset of 122 takeover … documented in response to takeover announcements on average. However, examination of the cross-sectional variation in these …

This paper reports the results of an investigation into takeover defence strategies used by Australian listed companies … since the inception of the Takeover Code in 1981. The results are compared to Trotman's (1981) analysis of defence … strategies used while the Companies Act, 1961 was in force. Conclusions are drawn about the effects the Takeover Code and its …

findings suggest that the shareholders of target firms earn significantly positive abnormal returns on takeover announcements … firms, there was no market reaction on takeover announcements. Apparently, there was some evidence that bidders experienced … post-event positive wealth effects on takeover announcements. But this was not true for the majority as the significant …