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Corporate Takeovers: Excess Returns and the Multiple Bidding Phenomena

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  • Allen Michel
  • Israel Shaked

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Suggested Citation

  • Allen Michel & Israel Shaked, 1988. "Corporate Takeovers: Excess Returns and the Multiple Bidding Phenomena," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 15(2), pages 263-273, June.
  • Handle: RePEc:bla:jbfnac:v:15:y:1988:i:2:p:263-273
    DOI: 10.1111/j.1468-5957.1988.tb00134.x
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    References listed on IDEAS

    as
    1. Langetieg, Terence C., 1978. "An application of a three-factor performance index to measure stockholder gains from merger," Journal of Financial Economics, Elsevier, vol. 6(4), pages 365-383, December.
    2. Mandelker, Gershon, 1974. "Risk and return: The case of merging firms," Journal of Financial Economics, Elsevier, vol. 1(4), pages 303-335, December.
    3. Ruback, Richard S., 1983. "Assessing competition in the market for corporate acquisitions," Journal of Financial Economics, Elsevier, vol. 11(1-4), pages 141-153, April.
    4. Bradley, Michael, 1980. "Interfirm Tender Offers and the Market for Corporate Control," The Journal of Business, University of Chicago Press, vol. 53(4), pages 345-376, October.
    5. Dodd, Peter, 1980. "Merger proposals, management discretion and stockholder wealth," Journal of Financial Economics, Elsevier, vol. 8(2), pages 105-137, June.
    6. Asquith, K Paul & Kim, E Han, 1982. "The Impact of Merger Bids on the Participating Firms' Security Holders," Journal of Finance, American Finance Association, vol. 37(5), pages 1209-1228, December.
    7. Dodd, Peter & Ruback, Richard, 1977. "Tender offers and stockholder returns : An empirical analysis," Journal of Financial Economics, Elsevier, vol. 5(3), pages 351-373, December.
    8. Firth, Michael, 1978. "Synergism in Mergers: Some British Results," Journal of Finance, American Finance Association, vol. 33(2), pages 670-672, May.
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