haku: @freeterm VALUE CREATION / yhteensä: 24
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| Tekijä: | Kohers, N. Kohers, T. |
| Otsikko: | The value creation potential of high-tech mergers |
| Lehti: | Financial Analysts' Journal
2000 : MAY-JUN, VOL. 56:3 |
| Asiasana: | High technology Mergers |
| Vapaa asiasana: | Value creation |
| Kieli: | eng |
| Tiivistelmä: | Do investors perceive acquisitions of high-tech targets to have strong potential for value creation? Or, given the large degree of uncertainty associated with many high-tech companies, is the market skeptical of the potential benefits of high-tech acquisitions? The results show that acquirers of high-tech targets experience significantly positive abnormal returns, regardless of whether the merger is financed with cash or stock. |
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