Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10008824725
Persistent link: https://www.econbiz.de/10011776874
In a comprehensive sample of mergers and acquisitions, we find a reference price effect: Acquirers earn higher (lower) announcement-period returns when their pre-announcement stock prices are well below (near) their 52-week highs. This reference price effect is stronger in acquisitions of...
Persistent link: https://www.econbiz.de/10012936588
Persistent link: https://www.econbiz.de/10008666485
Persistent link: https://www.econbiz.de/10009762851
Persistent link: https://www.econbiz.de/10003705627
Persistent link: https://www.econbiz.de/10014312206