The arbitrage return and related factors in M&A process

碩士 === 長庚大學 === 企業管理研究所 === 95 === This thesis explores the return of arbitrage for successful M&A attempts in Taiwan. We found that the return of a arbitrage position for a successful attempts produces an average return of 10.56%. We also found that the return varies with the return of target...

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Bibliographic Details
Main Authors: Lu Dzu-Jing, 盧子敬
Other Authors: Chan Chin-Horng
Format: Others
Language:zh-TW
Published: 2006
Online Access:http://ndltd.ncl.edu.tw/handle/11513005384545885878
Description
Summary:碩士 === 長庚大學 === 企業管理研究所 === 95 === This thesis explores the return of arbitrage for successful M&A attempts in Taiwan. We found that the return of a arbitrage position for a successful attempts produces an average return of 10.56%. We also found that the return varies with the return of target during the period from twenty days ago to announced day.