Corporate Combinations and Common Stock Returns: The Case of Joint Ventures
- 1 June 1985
- journal article
- Published by JSTOR in The Journal of Finance
- Vol. 40 (2) , 519-536
- https://doi.org/10.2307/2327898
Abstract
The gain to stockholders from mergers is well documented. However, there is little evidence as to whether the source of the gain is due to synergy or management displacement. Merger is just one of an...Keywords
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