Returns to bidders and targets in the ac
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Timothy H. Hannan; John D. Wolken
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Article
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1989
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Springer
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English
⚖ 653 KB
This article examines the effects of acquisition announcements of publicly traded banks on stockholder wealth using event-study methodology and an updated and enlarged sample of such banking organizations. The findings imply that on average, acquisitions in the banking industry result in a wealth tr