Uhlenkamp, Lisa M.; Schwetzler, Bernhard; Althammer, Wilhelm - In: Schmalenbach journal of business research : SBUR 77 (2025) 2, pp. 309-355
likelihood to become target of a takeover offer. Additionally, it explores the consequences of such an offer within the context … of the German takeover market. In line with prior research, we find that the presence of a hedge fund stake increases the … likelihood of a firm receiving a takeover offer. However, the underlying reasons for this correlation remain a subject of debate …