Jones, Edward; Crook, Jonathan - In: Applied Financial Economics 19 (2009) 8, pp. 625-634
Using a sample of 186 referrals between 1965 and 2006, we analyse the abnormal returns experienced by UK bidding companies when a decision is made by UK regulators to refer a merger or acquisition for inquiry and when the decision is published by the regulator. We find evidence of disagreement...