Doan, Trang Thu; Sahib, Padma Rao; Witteloostuijn, Arjen van - 2020
The authors investigate the pre-merger process, defined as the period between the announcement and completion of an M …&A (mergers and acquisitions) deal. Specifically, the authors examine if the timing of the announcement in a merger wave affects … whether or not the M&A deal is completed, and how long this pre-merger process takes. The authors conduct a textual analysis …