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This paper studies the impact of M&A of Canadian firms by emerging market firms on the stock performance of the acquired firms from 2000 to 2016, using the short-term window event study. We find that the abnormal return of target firms on the event day is 10.3 percent and the cumulative abnormal...
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merely by developing their intangible assets in the rest of the home region (Canada and Mexico). Conversely, US MNEs rarely …
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