Large Wealth Creation in Mergers and Acquisitions
We examine completed mergers and acquisitions (M&A) deals with large acquirer shareholder dollar wealth gains at announcement. We find that large-gain acquisitions are: 1) typically “bolt-on” deals that are small relative to the acquirer's size, 2) transaction-specific events (not firm- or...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
John Wiley and Sons Inc.
2018
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| Online Access: | View Fulltext in Publisher |