Asker, John (contributor); Ljungqvist, Alexander (contributor) - 2006
large set of equity and debt deals completed by large (and therefore strategically relevant) U.S.
firms in 1975-2003, we …
offerings over the period 1975-2003. As Table 2 shows, nonconvertible bond and common stock
offerings account for the majority …,198 equity deals and 4,341 debt deals over the 1975-2003 sample period.
2.4 Bivariate Results
On average, large firms switch …