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. Using supervisory trade-level data, we show that banks with closer ties to a target advisor in a takeover buy more stocks of … leaking information about takeover bids to connected banks, as it drives up the final offer price without compromising the …
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. Using supervisory trade-level data, we show that banks with closer ties to a target advisor in a takeover buy more stocks of … leaking information about takeover bids to connected banks, as it drives up the premium paid without compromising the …
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