haku: @author Bulow, J. / yhteensä: 4
viite: 3 / 4
| Tekijä: | Bulow, J. Huang, M. Klemperer, P. |
| Otsikko: | Toeholds and takeovers. |
| Lehti: | Journal of Political Economy
1999 : JUN, VOL. 107:3, p. 427-454 |
| Asiasana: | |
| Vapaa asiasana: | Auctions Mergers Corporate restructuring |
| Kieli: | eng |
| Tiivistelmä: | The results of this study are consistent with empirical findings that a toehold helps a buyer win an auction, sometimes very cheaply. A controlling minority shareholder may therefore be effectively immune to outside offers. The analysis extends to regulators selling "standard assets", creditors bidding in bankruptcy auctions, and so forth. |
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