Acquiring firms' stock returns
This study examines the effects of the method of payment, change in leverage, and management equity ownership on the acquiring firm's stock returns around the initial announcement date of the merger. Results indicate that stockholders of mergers financed with stocks suffer significant losses. T...
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| Format: | article |
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1994
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| Online Access: | http://hdl.handle.net/10725/4702 http://dx.doi.org/10.1007/BF02920219 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://link.springer.com/article/10.1007/BF02920219 |
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