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1.Variables commonly used in takeover prediction models also help to explain the likelihood of several other restructuring events, including divestitures, bankruptcies and significant employee layoffs
1.Variables commonly used in takeover prediction models also help to explain the likelihood of several other restructuring events, including divestitures, bankruptcies and significant employee layoffs (Powell and Yawson, 2007, p. 1169).
Discuss the determinants of takeovers and explore whether each of these factors can also, potentially, explain the likelihood of bankruptcy.
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