all bidders forecast, we document a higher likelihood of post-merger litigation and CEO turnover for bidders with a weak … forecasting reputation and for those that underperform post-merger …

This paper examines the hypothesis that, during merger waves, a bidder's actions are informative for other bidders and … these events in the context of merger waves. The model predicts a pattern of declining announcement returns along the merger … bidders' post-acquisition performance declines along the merger wave and that the start of a merger wave is associated with an …

created by a merger, the combined firm return plays a key role in differentiating competing merger theories and is quantified …

. Therefore, this study aims to close this gap by exploring the effect of merger announcements on CDS spreads empirically. A …

We investigate whether the merger announcement dates provided in the Securities Data Corporation (SDC) database, a … earlier abnormal price movements due to merger-related events such as merger rumors or search-for-buyer types of announcements …