Toeholds and Takeovers.

Toeholds have an enormous impact in 'common-value' takeover battles, such as those between two financial bidders. This contrasts with the small impact of a toehold in a 'private-value' auction. The authors' results are consistent with empirical findings that a toehold helps...

Szczegółowa specyfikacja

Opis bibliograficzny
Główni autorzy: Bulow, J, Huang, M, Klemperer, P
Format: Journal article
Język:English
Wydane: 1999
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