search query: @author Elliot, J. / total: 2
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| Author: | Higson, C. Elliot, J. |
| Title: | Post-takeover returns: The UK evidence |
| Journal: | Journal of Empirical Finance
1998 : JAN, Vol. 5:1, p. 27-46 |
| Index terms: | MERGERS UNITED KINGDOM STOCK MARKETS |
| Language: | eng |
| Abstract: | This paper looks for abnormal stock returns after the completion of takeovers in the UK. Over the period 1975 to 1990, and controlling for size, UK acquirers show zero abnormal returns in the three years following completion. However, over shorter periods we find evidence of significant clustering of positive and negative returns. |
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