When do managers listen to the market? Impact of learning in acquisitions of private firms
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DOI: 10.1007/s11156-016-0599-4
Abstract: We study the influence of market signals and agency problems on the decision to cancel an announced acquisition. We find major differences between deals involving private vs. public targets. First, controlling for the value of… read more here.
Keywords: market impact; listen market; managers listen; market ... See more keywords