' information processing even in the context of one of the largest and most important corporate events – merger announcements. More … reaction to Friday stock swap announcements is muted, as evidenced by lower acquirers' merger announcement abnormal trading … volumes and less pronounced acquirers' merger announcement abnormal stock returns …

Merger and Acquisition (M&A) activities are not well-anticipated corporate events in the equity market. Do … be merger arbitragers and buy more shares of target firm stocks to speculate on final deal consummation; while banks …

attributed to either the collusion, productive efficiency, acquisition probability or pre-emptive merger hypothesis. In contrast …

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 …

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 …

This study examines the impact of merger and acquisition (M&A) announcements made by U.S. companies listed on New York … firm may be encroached by shareholders and managers after the announcement in the U.S. but not in China. However, for …

Largely constant average acquirer returns over the past four decades mask fundamental changes in the takeover market … consistent with rising merger synergies that have become less bidder-specific …