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Liu, 2018 - Google Patents

The wealth effects of fairness opinions in takeovers

Liu, 2018

Document ID
4596125310368179919
Author
Liu T
Publication year
Publication venue
Financial Review

External Links

Snippet

This paper explores the wealth effects associated with a bidder's decision to solicit a fairness opinion in a takeover transaction. Using a hand‐collected sample with bidders' filing proxy statements, this paper finds that the use of fairness opinions does not negatively affect …
Continue reading at onlinelibrary.wiley.com (other versions)

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