Browsing Department of Finance and Real Estate by Subject "Merger"
Now showing items 1-1 of 1
-
Merger Means of Payment and Analyst Biases around Merger Announcement Date
(2016-04-18)I find strong evidence that analysts report downward-biased earnings estimates on acquiring firms when the earnings announcement date is within a 60-day window prior to the merger and acquisition (M&A) announcement date. ...