Motives, default risk and valuation errors in corporate takeovers
Motivated by the plethora of theories in explaining the conflicting evidence on the acquiring firms’ profitability after a merger, this thesis examines how market conditions affect the most prominent takeover motives and the acquirers’ abnormal returns and analyse changes in acquiring firms’ default...
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Durham University
2014
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.600954 |