companies. Cumulative average abnormal return (CAAR) for Indian companies' merger and acquisition activities is 2 per cent … (significant at 1 per cent) over event window of 11 days (-5, 5). It seems the market perceives the merger and acquisition …

-pricing effect of stock offer, we hypothesize that the likelihood of stock payment increase with the pre-merger dividend policy of …

This paper investigates the effects of analyst recommendations issued after a merger announcement on deal completion …. Results from instrumental variables tests support causality running from recommendations to merger outcomes. Additional tests … suggest that these relations are driven by target shareholders reassessing the merger offer in response to movements in …

This paper provides evidence of merger timing induced by investors' overoptimism. We distinguish between hot and cold … merger markets and examine the movements of bidding firms' stock prices, around, before and after mergers announcements. Our … when investors are highly overoptimistic and react irrationally to a merger announcement. We find evidence that bidders …

process of the takeover bid, ex-change of shares, and completion of a merger. The optimal strategies for relevant players are … derived using a dynamic programming approach. Although the takeover process is designed without introducing a Pareto … optimality, it is shown that the model leads to the same takeover strategies as those of an equilibrium model, under certain …

This research focused on the shareholder wealth effect of comScore, Inc.’s merger withRentrak Corp, and a sentiment … analysis data has explanatory power for abnormal return on the merger forcomScore and Rentrak …