An efficiency perspective on the gains from mergers and asset purchases

S Ray, M Warusawitharana - The BE Journal of Economic Analysis & …, 2009 - degruyter.com
A rational, efficiency-based view of acquisitions implies that larger transactions generate
greater gains for the acquirer and the seller. We test this prediction and find a positive …

[PDF][PDF] Corporate acquisitions around time periods of loan covenant violations

A Liu - Wharton Research Scholars, 2011 - core.ac.uk
We present empirical evidence on acquirer firms that have violated or are about to violate a
loan covenant within four quarters of undergoing an acquisition. We find that firms that …

[PDF][PDF] Does payment method of mergers and acquisitions matter? An examination of the medical industry in China

YE Chengkui, Y Hao, LU Pingan - Journal of Advanced Studies …, 2014 - researchgate.net
This study examines the impact of payment method and share of large shareholder on
individual stocks after mergers and acquisitions. A research framework based on the Capital …