According to Dyckman and Morse, Why do the bidders in takeovers pay more for their acquisitions than
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According to Dyckman and Morse, Why do the bidders in takeovers pay more for their acquisitions than the market price? Does the market penalize bidders for paying too much? Is this premium, paid by bidders in takeovers, evidence of market efficiency?
Expert Answer:
According to Dyckman and Morse there are a few key reasons why bidders in takeovers often pay more f... View the full answer
Related Book For 
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
