Divergence of Opinion and Post-Acquisition Performance
(2006)
Journal Article
Alexandridis, G., Antoniou, A., & Petmezas, D. (2007). Divergence of Opinion and Post-Acquisition Performance. Journal of Business Finance and Accounting, 34(3-4), 439-460. https://doi.org/10.1111/j.1468-5957.2007.02043.x
We examine the relation between divergence of opinion about the value of the acquiring firm in the pre-acquisition announcement period and post-acquisition stock returns. We find that acquirers subject to high opinion dispersion earn lower future ret... Read More about Divergence of Opinion and Post-Acquisition Performance.