Van Den Honert, R. C.; Barr, G. D.I.; Galloway, A. J. - In: South African Journal of Business Management 20 (1989) 2, pp. 70-77
A mathematical model which relates the exchange ratio (the number of acquiring firm's shares Issued for each target share) and the postmerger expected price earnings ratio of firms involved in mergers, is applied to 30 firms involved in recent share-exchange mergers on the Johannesburg Stock...