information. We test whether markets fully incorporate this information using the empirical context of mergers. During the year … after merger announcement, the passage of time is informative about the probability that the merger will ultimately complete …

This study presents the results from a comprehensive out-of-sample test of long-run returns following mergers and … acquisitions (M&As). Using a unique sample from 23 frontier markets of almost 800 transactions conducted during the years 1992 to …

Employing a sample of 492 merger and acquisition (M&A) announcements from 284 acquirers across North America and Europe …

effects of horizontal mergers and acquisitions on acquirers in the brewing industry. Based on a sample of 69 takeover …The brewing industry has recently experienced increased merger activity. This paper analyzes the shortterm wealth …

upcoming aggregate merger activity and the present values of the factors HML and SMB in the Fama-French three-factor model of …

the German Reorganisation Act (UmwG). A merger passed at the General Annual Meeting will not move forward as long as any … lawsuit is pending with a court. In particular, mergers have to be implemented without any delay. The minority shareholders … blocked mergers in between 2003 and 2009. The first part of this paper lays out the following theoretical approach: We assume …

Employing a sample of 492 merger and acquisition (M&A) announcements from 284 acquirers across North America and Europe …

of targets, bidders, and their peers upon takeover announcement, and closing or withdrawal. We distinguish five common M … investors believe in gains through the exploitation of market power by the post-merger entity. In a multinomial logistic model …-industry mergers, and increasing market concentration, suggesting a substantial lessening of competition through M&A. -- M&A ; Banks …

announcement of mergers and acquisitions. The research is based on 109 M&A deals in Central and Eastern European countries for …