all bidders forecast, we document a higher likelihood of post-merger litigation and CEO turnover for bidders with a weak … forecasting reputation and for those that underperform post-merger …

between the timing of stock swap announcements and completions and acquirers' reporting behaviors. Using the timing of merger … opportunistic. More specifically, we show that stock-for-stock acquirers that inflate earnings the most tend to announce mergers on … Fridays, while distancing some of their earnings management activities from the merger announcement date. The negative …

This paper examines conference call meetings held around merger and acquisition (M&A) announcements in the UK market …

Because firms' takeover motives are unobservable to investors, mergers are only partially anticipated and often appear … anticipation and information revelation in mergers. Controlling for the market's reassessment of the acquirer's stand-alone value …, I estimate acquirers gain 4% from a typical merger. The total value of an active merger market averages 13% for …

investors can utilize information based on IPO deal structure to predict merger and acquisition activity among newly public …

We explore the governance effect of short-selling threat on mergers and acquisitions (M&A). We use equity lending …

risk around official mergers and acquisitions (M&A) announce-ments. Related literature extensively documents wealth effects …

. Therefore, this study aims to close this gap by exploring the effect of merger announcements on CDS spreads empirically. A …

stock returns shortly prior to takeover announcements.Additional difference-in-differences analyses suggest that advisors …