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Shareholders can profit from value-destroying acquisitions by stakes in rivals by helsinkiandrew

Shareholders can profit from value-destroying acquisitions by stakes in rivals by helsinkiandrew

IntroductionAcquisitions are important corporate events that are often viewed as value destroying. The average returns to bidder firms that acquire other public corporations are negative around merger announcements, while average returns to target firms are positive. This finding has been interpreted as evidence of empire building, CEOs pursuing a personal agenda or CEOs’ overconfidence.1 Why…

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In the Shadows of Innovation”

© 2025 HackTech.info. All Rights Reserved.

In the Shadows of Innovation”

© 2025 HackTech.info. All Rights Reserved.

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