Klitzka, Michael; He, Jianan; Schiereck, Dirk - In: Review of Managerial Science 16 (2021) 4, pp. 933-967
This study analyzes mergers and acquisitions (M&A) payment methods in large transactions of public U.S. acquirers between 2009 and 2016. While we find consistent with previous evidence that asymmetric information between acquirers and targets significantly influences the choice of M&A payment...
