We investigate the long-term profitability of corporate takeovers of which both the acquiring and target companies are … target companies significantly outperform the median peers in their industry prior to the takeovers, but the raw …-term performance of hostile versus friendly takeovers, and of tender offers versus negotiated deals: the performance deteriorates …

domestic and cross-border corporate takeovers involving European companies in the period 1993-2001.We provide detailed and ….The data is supplemented with the characteristics of takeover transactions, including the type of takeovers (negotiated … status of the target firm (public or private), takeover strategy (focus or diversification), amongst other factors …

While the means of payment in takeovers has been a focal point in the takeover literature, what has largely been … takeover. This paper investigates the sources of transaction financing in European corporate takeovers launched during the … equity) are frequently employed in takeovers involving cash payments. Acquisitions with the same means of payment but …

to important business decisions, specifically those involving corporate takeovers. Consistent with the evidence from …

concessions helps explain the excess stock returns around asset sale announcements. We find no comparable effects for takeovers …. We conclude that asset sales, but not takeovers, are partially motivated by the potential to extract concessions from …