The theory of mergers and acquisitions (M&As) has been developed almost exclusively from the study of large deals by … theory is of less relevance to SMEs …

. Firms' assets are product varieties that can be sold individually or entirely transferred to another firm in a merger. We … for merger policy …

At approximately the same time that the Sarbanes-Oxley Act increased the costs associated with being a public company … minority shareholders. While a freeze-out executed as a statutory merger is subject to stringent entire fairness review, the … shareholders, on average, when it uses a tender offer compared to a merger. This difference between tender offers and mergers seems …

-firm advisors selecting peers with high valuation multiples to negotiate higher takeover prices …

We examine takeover auctions when an informed bidder has better informationabout the target value than a rival and …

This paper applies a real option framework to suggest that the takeover premia in mergers and acquisitions can be … findings show that pre-bid ownership reduces the takeover premia, which is consistent with the argument that pre-bid ownership … reduces in- formation asymmetry. However, we find that the takeover premia is higher when both the acquirer and target firms …

This paper investigates whether shareholder class action litigation affects the takeover candidacy, premium, and … U.S. firms that became the targets of takeover bids between 1998 and 2016 and find that firms subject to shareholder … significantly higher premium. Firms that face such litigation after a takeover announcement experience a significant decrease in …

that the industry-adjusted operating performance of merged banks increases significantly after a merger. This finding is … significantly after a merger. Revenue enhancement opportunity appears to be more profitable if there exists more opportunity for …