analysis of takeover rumors of publically traded US companies from 1990 to 2008 shows that these two types of rumors can be … statistically distinguished by returns of rumored takeover targets before rumor publication. However, market responses to the rumors …, takeover premiums of sampled targets cannot be explained by markup pricing hypothesis although the hypothesis is supported by …

Merger activity tends to peak at times of high stock prices. I examine the allocation of equity issue proceeds … conditional on the level of merger activity to shed light on the source of this empirical regularity. I find that firms do not … allocate more of the equity proceeds raised in high merger times to increase debt repayment or to increase equity payouts. This …

analysis of takeover rumors of publicly traded US companies from 1990 to 2008 shows that these two types of rumors can be … statistically distinguished by returns of rumored takeover targets before rumor publication. However, market responses to the rumors …, takeover premiums of sampled targets cannot be explained by markup pricing hypothesis although the hypothesis is supported by …

We explore the connection between firm's market threats from product market and corporate takeover activities. Using … while firms locate in lowly fluid market experience more instabilities in competition environment. Post-takeover performance …-makings, and firms generally takeover targets locate in environment of similar market threatening, even after controlling for …

merger targets between 1990 and 2009. We use different matching techniques to construct separate control groups for acquirers … R&D growth and intensity. We find that target firms substantially decrease their R&D efforts after a merger, while the R …

and industry merger and acquisition activity. All of these effects are stronger for smaller firms than for larger firms …

effect of resolution of trade policy uncertainty on merger and acquisition (M&A) activity and shareholder value of acquiring …

after merger announcement, the passage of time is informative about the probability that the merger will ultimately complete …