Why do acquiring firms pay high premiums to takeover target shareholders

The purpose of this paper is to explore empirically the relationship between several factors reported in the literature to affect the premium received by takeover target shareholders. Using a sample of 190 successful takeovers during the period 1995-2005, our results suggest that high leveraged targ...

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Bibliographic Details
Main Author: Raad, Elias (author)
Format: article
Published: 2012
Online Access:http://hdl.handle.net/10725/4704
http://dx.doi.org/10.19030/jabr.v28i4.7055
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://www.cluteinstitute.com/ojs/index.php/JABR/article/view/7055
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