. This study extends prior findings of a post-merger increase in leverage for the acquiring firm by linking this leverage … as equity holders exploit the increased debt capacity with higher leverage resulting in total merger gains that are …

This study analyzed activism that leads to a merger or acquisition (M&A) of a firm to see its benefits for the …

managerial tone indicates managerial confidence in merger success, and hence reflects an enhanced takeover performance over an … predict long-term gains to the acquirers. In order to predict long-term takeover performance, we apply textual analysis to the … reveal that a negative managerial tone has a strong negative association with takeover performance, whereas a positive …

the most fascinating of these developments is the emergence of merger and acquisition activity in the industrial sector … size. For the acquiring firms in the year 1999, the time period 1996-99 has been taken as pre-merger period and 2000-04 as … post-merger period. The pre-merger and post-merger period for firms in year 2000 has been taken as 1996-2000 and 2001 …