This study analyzed activism that leads to a merger or acquisition (M&A) of a firm to see its benefits for the …

degree of media coverage, positive and negative media coverage) and various takeover characteristics. We find that media … coverage is negatively associated with the takeover premium. This holds for both positive and negative media coverage. Thus, no … news is good news in terms of achieving a higher takeover premium. The method of payment shows an ambiguous relation with …

sample of 37 mergers from USA. Research findings indicate that targets earn positive average abnormal returns of 19 percent …This paper measures the capital markets’ reaction to merger announcements within the announcement month using the … significant. These results indicate that the gains around the merger announcements reflect synergetic gains, not the wealth …

bidder firms, around the announcement dates of relevant merger and acquisition (M&A) transactions in the Eurozone during the … sixth takeover wave. We emphasize the observed change in the behavior in the reaction of investors while acquiring firms in …

different competition policy measures: merger control, antitrust investigations on abuse of dominance, and changes of import …, mergers between Russian metal producers restrict competition and reduce consumer welfare. Antitrust investigations have a …

We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by … 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger … other banks. Other merger properties, including the size and risk profile of targets, the geographic overlap of merging …