Chen, K. C.; Funahashi, Hideharu; Warmerdam, Nicole - In: Growing presence of real options in global financial markets, (pp. 1-17). 2017
On May 18, 2014, AT&T Inc., the second-biggest U.S. mobile-phone carrier, agreed to acquire DirecTV, a satellite-television company, for $49 billion in cash and stock. However, the merger’s conditions and terms are complicated as the stock exchange ratio is contingent on the volume-weighted...
