Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10010346739
Persistent link: https://www.econbiz.de/10003739034
Persistent link: https://www.econbiz.de/10003760223
Persistent link: https://www.econbiz.de/10001671108
We provide evidence that ex ante misvaluation matters for merger activities in the UK 1986-2002 using a sample of 302 bidders and targets. Sector or long-run misvaluation causes merger firms to be more overvalued than nonmerger firms. Acquirers are overvalued absolutely and relative to targets...
Persistent link: https://www.econbiz.de/10003936004