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Bust-up takeover bids and asymmetric information

Butz, David A. - 1991

Persistent link: https://www.econbiz.de/10000818125

Target’s earnings quality and bidders’ takeover decisions

Raman, Kartik; Shivakumar, Lakshmanan; Tamayo, Ane - In: Review of accounting studies 18 (2013) 4, pp. 1050-1087

Persistent link: https://www.econbiz.de/10010234291

Does asymmetric information affect the premium in mergers and acquisitions?

Dionne, Georges; La Haye, Mélissa; Bergerès, Anne-Sophie - In: The Canadian journal of economics 48 (2015) 3, pp. 819-852

Persistent link: https://www.econbiz.de/10011568563

M&A negotiations with limited information : how do opaque firms buy and get bought?

Battigalli, Pierpaolo; Chiarella, Carlo; Gatti, Stefano; … - 2017 - This version: January, 2017

Persistent link: https://www.econbiz.de/10011802921

Information uncertainty and target valuation in mergers and acquisitions

Li, Lin; Tong, Wilson H. - In: Journal of empirical finance 45 (2018), pp. 84-107

Persistent link: https://www.econbiz.de/10012102443

The Value of Publicly Available Information on Acquired Firms in Corporate Acquisitions

Givoly, Dan; Han, Songyi; Katz, Sharon P. - 2023

Past research shows that the outcomes of acquisitions of private firms are better than those of public firms. This finding is commonly explained by the price discount due to illiquidity and the higher information risk involved in acquiring private firms. Existing studies do not separate the two...

Persistent link: https://www.econbiz.de/10014353593

Target Revaluation after Failed Takeover Attempts - Cash versus Stock

Malmendier, Ulrike - 2015

Cash- and stock-financed takeover bids induce strikingly different target revaluations. We exploit detailed data on … unsuccessful takeover bids between 1980 and 2008, and show that targets of cash offers are revalued on average by 15% after deal … longer horizons. We find no evidence that future takeover activities or operational changes explain these differences …

Persistent link: https://www.econbiz.de/10013038190

'She Is Mine' : Determinants and Value Effects of Early Announcements in Takeovers

Aktas, Nihat - 2018

Some bidders voluntarily announce a merger negotiation before the definitive agreement. We propose an “announce-to-signal” explanation to these early announcements: they allow bidders to signal to target shareholders high synergies so as to overcome negotiation frictions and improve success...

Persistent link: https://www.econbiz.de/10012935192

Bank Consolidation and Soft Information Acquisition in Small Business Lending

Ogura, Yoshiaki - 2017

We empirically examine the impact of bank consolidation on bank acquisition of soft information about borrowers. Using a dataset of small business financing, we find that mergers of small banks have a negative impact on soft information acquisition, whereas mergers of large banks have no impact....

Persistent link: https://www.econbiz.de/10012954778

Mergers and acquisitions : determining the bid premium and the medium of payment

Cornu, Philippe - 1999

Persistent link: https://www.econbiz.de/10001480445