The market for shareholder voting rights around mergers and acquisitions: Evidence from institutional daily trading and voting

Informed trading around merger and acqui

Informed trading around merger and acquisition announcements: Evidence from the UK equity and options markets

✍ Spyros Spyrou; Andrianos Tsekrekos; Georgia Siougle 📂 Article 📅 2010 🏛 John Wiley and Sons 🌐 English ⚖ 146 KB 👁 1 views

## Abstract This paper offers new evidence on informed trading around merger and acquisition announcements from the UK equity and options market. The analysis suggests that in about 25–33% of events there is abnormal option trading volume during the month that precedes the announcement. Such eviden