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Price Movements as Indicators of Tender Offer Success


  • Samuelson, William
  • Rosenthal, Leonard


No abstract is available for this item.

Suggested Citation

  • Samuelson, William & Rosenthal, Leonard, 1986. "Price Movements as Indicators of Tender Offer Success," Journal of Finance, American Finance Association, vol. 41(2), pages 481-499, June.
  • Handle: RePEc:bla:jfinan:v:41:y:1986:i:2:p:481-99

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    Cited by:

    1. Gelman, Sergey & Wilfling, Bernd, 2009. "Markov-switching in target stocks during takeover bids," Journal of Empirical Finance, Elsevier, vol. 16(5), pages 745-758, December.
    2. Anthony Ravi & Peter Mayall & John Simpson, 2012. "Takeover Probabilities and the Opportunities for Hedge Funds and Hedge Fund Replication to Produce Abnormal Gains," Palgrave Macmillan Books, in: Greg N. Gregoriou & Maher Kooli (ed.), Hedge Fund Replication, chapter 4, pages 48-60, Palgrave Macmillan.
    3. Gerritsen, Dirk F. & Weitzel, Utz, 2017. "Security analyst target prices as reference point and takeover completion," Journal of Behavioral and Experimental Finance, Elsevier, vol. 15(C), pages 1-14.
    4. Anthony Boardman & Z. Stuart Liu & Marshall Sarnat & Ilan Vertinsky, 1998. "The effectiveness of tightening illegal insider trading regulation: the case of corporate takeovers," Applied Financial Economics, Taylor & Francis Journals, vol. 8(5), pages 519-531.
    5. Inga Chira & Luis García-Feijóo & Jeff Madura, 2017. "When do managers listen to the market? Impact of learning in acquisitions of private firms," Review of Quantitative Finance and Accounting, Springer, vol. 49(2), pages 515-543, August.
    6. Stefan Eichler & Dominik Maltritz, 2013. "An options-based approach to forecast competing bids: evidence for Canadian takeover battles," Applied Economics, Taylor & Francis Journals, vol. 45(34), pages 4805-4819, December.
    7. Fidrmuc, Jana P. & Roosenboom, Peter & Zhang, Eden Quxian, 2018. "Antitrust merger review costs and acquirer lobbying," Journal of Corporate Finance, Elsevier, vol. 51(C), pages 72-97.
    8. Elaine Hutson & Graham Partington, 1994. "Takeover Bids, Share Prices, and the Expected Value Hypothesis," Working Paper Series 36, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    9. Hutson, Elaine & Kearney, Colm, 2005. "Merger arbitrage and the interaction between target and bidder stocks during takeover bids," Research in International Business and Finance, Elsevier, vol. 19(1), pages 1-26, March.
    10. Hutson, Elaine, 2000. "Takeover targets and the probability of bid success: Evidence from the Australian market," International Review of Financial Analysis, Elsevier, vol. 9(1), pages 45-65, February.
    11. Luis Fernando Melo-Velandia & Camilo Andrés Orozco-Vanegas & Daniel Parra-Amado, 2022. "Ofertas Públicas de Adquisición y su efecto sobre las rentabilidades en el mercado accionario: El caso de NUTRESA y SURA en Colombia," Borradores de Economia 1195, Banco de la Republica de Colombia.
    12. Branch, Ben & Wang, Jia & Yang, Taewon, 2008. "A note on takeover success prediction," International Review of Financial Analysis, Elsevier, vol. 17(5), pages 1186-1193, December.
    13. Hutson, Elaine & Kearney, Colm, 2001. "Volatility in stocks subject to takeover bids: Australian evidence using daily data," Journal of Empirical Finance, Elsevier, vol. 8(3), pages 273-296, July.
    14. Andrey Golubov & Dimitris Petmezas & Nickolaos G. Travlos, 2013. "Empirical mergers and acquisitions research: a review of methods, evidence and managerial implications," Chapters, in: Adrian R. Bell & Chris Brooks & Marcel Prokopczuk (ed.), Handbook of Research Methods and Applications in Empirical Finance, chapter 12, pages 287-313, Edward Elgar Publishing.
    15. Jason Hall & Matthew Pinnuck & Matthew Thorne, 2013. "Market risk exposure of merger arbitrage in Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 53(1), pages 185-215, March.
    16. Peter Van Tassel, 2016. "Merger options and risk arbitrage," Staff Reports 761, Federal Reserve Bank of New York.
    17. Smimou, K. & Bector, C.R. & Jacoby, G., 2007. "A subjective assessment of approximate probabilities with a portfolio application," Research in International Business and Finance, Elsevier, vol. 21(2), pages 134-160, June.
    18. Melo-Velandia, Luis Fernando & Orozco-Vanegas, Camilo Andrés & Parra-Amado, Daniel, 2023. "Ofertas públicas de adquisición y su efecto sobre la rentabilidad de los mercados accionarios: el caso de Nutresa y sura en Colombia," Revista de Economía del Rosario, Universidad del Rosario, vol. 26(1), pages 1-37, June.
    19. Huong Dang, 2014. "A Competing Risks Dynamic Hazard Approach to Investigate the Insolvency Outcomes of Property-Casualty Insurers," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 39(1), pages 42-76, January.

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