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ownership increases the probability that a merger deal is cross-border, successful, and the bidder takes full control of the …
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In a comprehensive study of all shipping mergers and acquisitions since 1984 we document that the shareholders of both acquirer and target realize average abnormal gains of 1.2% and 3.3% respectively and both parties gain more from diversifying than focus-increasing deals. We find that acquirers...
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context, Mergers and acquisitions have become a strategic practice for a number of the world’s leading businesses to expand …
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international investors as well as a favourable listing option for financiers and entrepreneurs across the world as an alternative …
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I survey the empirical and theoretical literature on merger waves, beginning with the very early work on aggregate … no single explanation for merger activity or waves--and there is room for market misvaluation to play a role--the bulk of … the evidence points to the conclusion that merger waves are the response to shocks to industries’ operating environments …
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bidder announcement returns associated with higher industry takeover competition are mitigated when bidders are from …
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Handbook as a forceful argument in favor of a merger between the two disciplines rather than the acquisition of one by the … other; a merger which combines, notably, the detailed knowledge of historical sources, the capability of distilling complex …
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