The lack of hostile takeovers and relatively modest wealth gains associated with REIT mergers motivate two fundamental … emerge from this study. First, REITs most often utilize a sales process resembling an auction, where an average of 19 … yet previously unexplored questions: how competitive are REIT takeovers, and how exactly does a REIT sell itself to …

The lack of hostile takeovers and relatively modest wealth gains associated with REIT mergers motivate two fundamental … emerge from this study. First, REITs most often utilize a sales process resembling an auction, where an average of 19 … yet previously unexplored questions: how competitive are REIT takeovers, and how exactly does a REIT sell itself to …

in shareholder wealth. The exception is for bank and investment acquisitions. The market punishes foreign M&A with … negative abnormal returns, consistent with the literature on high-information costs and regulations. Moreover, acquisitions …

Purpose: Mergers and acquisitions (M&A) have become a popular vehicle for domestic as well as international companies …

In our sample of 1,937 US mergers (1995 to 2011), 8.4 percent of all targets received oers with negative premiums where …