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Comment: Financial Characteristics of Merged Firms: A Multivariate Analysis

Published online by Cambridge University Press:  19 October 2009

Robert J. Monroe
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Extract

Professor Stevens has attempted to determine whether or not a consistent financial basis for merger exists as measured by premerger financial characteristics of the acquired firms. He suggests that results of his study are useful in identifying merger motives and in relating such motives to a general framework for analysis of merger movements.

Type
Discussants
Information
Journal of Financial and Quantitative Analysis , Volume 8 , Issue 2 , March 1973 , pp. 163 - 165
Copyright
Copyright © School of Business Administration, University of Washington 1973

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