We examine whether and how firms structure their merger and acquisition deals to avoid
antitrust scrutiny. There are approximately 40% more mergers and acquisitions (M&As) than …

This paper investigates the value relevance of acquired intangible assets using a
comprehensive hand-collected dataset for 1,647 publicly listed US-firms from 2002 to 2018 …

Objective: This study explores the characteristics of worldwide acquisitions of private-equity-
backed (PE) private companies. It examines the impact of the subprime crisis, the acquirer's …

In the world of active investing there'sa simple rule for investing in the common stocks of
acquiring companies; go short the stock of acquirers around the acquisition announcement …

Using a novel dataset of business combination disclosures, we investigate whether fair-
value adjustments (FVAs) of a target's assets provide relevant information to lenders that …

Investors overprice goodwill value acquired from a private target during a merger and
acquisition (M&A) announcement. However, the overpricing of goodwill is corrected in the …

Using a novel hand-collected dataset of business combination disclosures, we investigate
whether reported fair-value adjustments (FVAs) are associated with subsequent changes in …

This chapter discusses the extant literature on CBAs. Section 2.2 discusses the motives
behind CBA deals. These are generally classified as either asset seeking or asset …