Expected Market Reaction and the Choice of Method of Payment for Acquisitions

Expected Market Reaction and the Choice of Method of Payment for Acquisitions

An acquiring firm's managers anticipate the stock market's reaction to their choice of stock or cash to pay for the acquisition and choose the method of payment that they expect to result in the greater abnormal return.

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Veröffentlicht in:Financial management 1999-01, Vol.28 (4), p.73
Hauptverfasser: Emery, Greg W, Switzer, Jeannette A
Format: Artikel
Sprache:eng
Schlagworte:
Abnormal returns
Acquisitions & mergers
Bids
Capital gains
Expected returns
Foreign tax credits
Payments
Rates of return
Stockholders
Studies
Taxes
Variables
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container_issue 4
container_start_page 73
container_title Financial management
container_volume 28
creator Emery, Greg W
Switzer, Jeannette A
description An acquiring firm's managers anticipate the stock market's reaction to their choice of stock or cash to pay for the acquisition and choose the method of payment that they expect to result in the greater abnormal return.
format Article
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language eng
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source Periodicals Index Online; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing; Alma/SFX Local Collection
subjects Abnormal returns
Acquisitions & mergers
Bids
Capital gains
Expected returns
Foreign tax credits
Payments
Rates of return
Stockholders
Studies
Taxes
Variables
title Expected Market Reaction and the Choice of Method of Payment for Acquisitions
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