Selling to buy: Asset sales and acquisitions
(2020)
Journal Article
Mavis, C. P., McNamee, N. P., Petmezas, D., & Travlos, N. G. (2020). Selling to buy: Asset sales and acquisitions. Journal of Corporate Finance, 62, Article 101587. https://doi.org/10.1016/j.jcorpfin.2020.101587
This study explores the impact of joint corporate asset restructuring decisions, where firms sell an asset in order to fund a subsequent acquisition (selling-to-buy). We find that firms with asset sales are associated with increased acquisition proba... Read More about Selling to buy: Asset sales and acquisitions.