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Author:Jayaraman, N.
Khorana, A.
Nelling, E.
Title:An analysis of the determinants and shareholder wealth effects of mutual fund mergers
Journal:Journal of Finance
2002 : JUN, VOL. 57:3, p. 1521-1551
Index terms:MERGERS
SHAREHOLDERS
UNIT TRUSTS
WEALTH
Language:eng
Abstract:This study examines the determinants of mutual fund mergers and their subsequent wealth impact on shareholders of target and acquiring funds. Results indicate significant improvements in postmerger performance and a reduction in expense ratios for target fund shareholders.
SCIMA record nr: 233667
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