Frydman, Halina; Frydman, Roman; Trimbath, Susanne - In: Managerial Finance 28 (2002) 12, pp. 1-13
This paper examines whether financial buyers are more likely to initiate takeovers of inefficient firms. We show that they indeed are and thus conclude that takeovers by financial buyers play a potentially beneficial role in the allocation of corporate assets in the US. economy. Our analysis of...
