Stock selling during takeovers
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DOI: 10.1016/j.jcorpfin.2019.101550
Abstract: Abstract Stock sales during takeover negotiations weaken the target board's ability to recommend against the takeover, i.e., to resist. Sophisticated shareholders therefore face a coordination problem when deciding whether to sell-out early; and their actions… read more here.
Keywords: finance; stock selling; takeover; selling takeovers ... See more keywords