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Corporate takeovers : causes and consequences / edited by Alan J. Auerbach.

De Gruyter University of Chicago Press eBook-Package Archive 1960-1989 Available online

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Format:
Book
Contributor:
Auerbach, Alan J.
National Bureau of Economic Research.
Series:
National Bureau of Economic Research project report.
National Bureau of Economic Research project report
Language:
English
Subjects (All):
Consolidation and merger of corporations--Congresses.
Consolidation and merger of corporations.
Consolidation and merger of corporations--United States--Congresses.
Physical Description:
1 online resource (354 p.)
Edition:
1st ed.
Place of Publication:
Chicago : University of Chicago Press, 1988.
Language Note:
English
Summary:
The takeover boom that began in the mid-1980s has exhibited many phenomena not previously observed, such as hostile takeovers and takeover defenses, a widespread use of cash as a means of payment for targeted firms, and the acquisitions of companies ranking among the largest in the country. With the aim of more fully understanding the implications of such occurances, contributors to this volume consider a broad range of issues as they analyze mergers and acquisitions and study the takeoveer process itself.
Contents:
The impact of firm acquisitions on labor / Charles Brown and James L. Medoff
Breach of trust of hostile takeovers / Andrei Shleifer and Lawrence H. Summers
The effect of takeover activity on corporate research and development / Bronwyn H. Hall - Characteristics of targets in hostile and friendly takeovers / Randall Mrck, Andrei Shleifer and Robert W. Vishny
Do target shareholders lose in unsuccessful control contests? / Richard S. Ruback
The effects of taxation on the merger decision / Alan J. Auerbach and David Reishus
Share repurchases and acquisitions / Laurie Simon Bagwell and John B. Shoven
Means of payment in takeovers / Julian R. Franks, Robert S. Harris and Colin Mayer
A time-series analysis of mergers and acquisitions in the U.S. economy / Devra L. Golbe and Lawrence J. White
Panel discussion : corporate takeovers and public policy / Joseph A. Grundfest ... [et al.].
Notes:
Papers originally presented at a National Bureau of Economic Research conference in Feb. 1987 in Key Largo.
Includes bibliographies and indexes.
ISBN:
9786611125288
9781281125286
1281125288
9780226032160
0226032167
OCLC:
261340698

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