Variables in dollar terms versus in rate terms: The case of market feedback on merger negotiations

© 2017 Elsevier Inc.This paper shows a sharp contrast between theoretical predictions of merger negotiations when takeover markup and runup are measured in dollar vs rate terms. It argues that the empirical tests by an influential study cannot reject the hypothesis of a costly feedback loop as the a...

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Bibliographic Details
Main Authors: Hsin-I Chou, Baibing Li, Xiangkang Yin, Jing Zhao
Format: Default Article
Published: 2017
Subjects:
Other commerce, management, tourism and services not elsewhere classified
Other law and legal studies not elsewhere classified
Takeover
Offer premium
Runup
Markup
Feedback loop
Law
Business and Management not elsewhere classified
Online Access:https://hdl.handle.net/2134/24396
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