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Varaiya, 1987 - Google Patents

Determinants of premiums in acquisition transactions

Varaiya, 1987

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Document ID
10745205819573486458
Author
Varaiya N
Publication year
Publication venue
Managerial and Decision Economics

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This paper presents a framework to identify the determinants of acquisition premiums so as to explain their cross‐section variability. Observed premiums are predicted to be positively related to (1) the magnitude of the acquiring firm's estimate of acquisition gains and (2) the …
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