Financial versus strategic bidders: Evidence from unsuccessful takeover bids - Audencia Access content directly
Journal Articles Economics Letters Year : 2017

Financial versus strategic bidders: Evidence from unsuccessful takeover bids

Magnus Blomkvist
  • Function : Author
  • PersonId : 1015183
Timo Korkeamäki
  • Function : Author
  • PersonId : 1015184

Abstract

Even failed takeovers can identify undervalued target firms. We find that compared to financial bidders, strategic buyers have a greater lasting valuation effect on the targets. Strategic bidders thus appear to be superior in identifying undervalued targets. JEL Classification: G30, G32, G34
Fichier principal
Vignette du fichier
Financial vs Strategic 25-7 EL Final.pdf (299.84 Ko) Télécharger le fichier
Origin : Files produced by the author(s)
Loading...

Dates and versions

hal-01578935 , version 1 (30-08-2017)

Identifiers

Cite

Magnus Blomkvist, Timo Korkeamäki. Financial versus strategic bidders: Evidence from unsuccessful takeover bids. Economics Letters, 2017, 159, pp.142-144. ⟨10.1016/j.econlet.2017.07.034⟩. ⟨hal-01578935⟩

Collections

AUDENCIA UNAM
169 View
633 Download

Altmetric

Share

Gmail Facebook X LinkedIn More