Martinez, Isabelle; Serve, Stéphanie - In: International Review of Law and Economics 31 (2011) 4, pp. 228-239
In this paper, we exploit the specificity of going-private transactions that are initiated by the historic controlling shareholders (i.e. voluntary delistings). In Continental Europe, the majority of firms that become private do so following a buyout offer with squeeze-out (BOSO); using this...