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Purpose - The paper aims to present an exchange ratio for merging companies that incorporates the change in the level of riskiness. Design/methodology/approach - The paper is a theoretical one. Its main objective has been achieved exploiting standard modern finance results such as Capital Asset...
Persistent link: https://www.econbiz.de/10010757356
Purpose - The paper aims to present an exchange ratio for merging companies that incorporates the change in the level of riskiness. Design/methodology/approach - The paper is a theoretical one. Its main objective has been achieved exploiting standard modern finance results such as Capital Asset...
Persistent link: https://www.econbiz.de/10010757780
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