Asset exchanges as a restructuring strategy: Motives and valuation effects

This study examines restructuring in which, (i) two firms exchange operating units (asset-for-asset exchanges), and (ii) a firm divests assets in exchange for an equity stake in the firm acquiring the assets (asset-for-stock exchanges). These transactions are called asset exchanges, as distinct from...

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Bibliographic Details
Main Author: Nanda, Sudhir
Language:ENG
Published: ScholarWorks@UMass Amherst 1992
Subjects:
Online Access:https://scholarworks.umass.edu/dissertations/AAI9305873