The premium on acquisition in South African mergers: An empirical evaluation

In this paper both the premium paid on acquisition during a merger as well as the method by which the target companies stockholders are paid for their holding are examined. The results indicate that in the South African (S.A.) context the average premium paid on acquisition is of the order of 30-40%...

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Bibliographic Details
Main Authors: J. F. Affleck-Graves, G. H. Burt, S. J.M. Cleasby
Format: Article
Language:English
Published: AOSIS 1988-12-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/986