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In order to compute the CAR for the M&A deal, the estimation window and event window we used in the calculation is [-200,-10] and [-1,+1].
In order to compute the CAR for the M&A deal, the estimation window and event window we used in the calculation is [-200,-10] and [-1,+1]. In result, we have got total 536 of CAR for the M&A deal including 279 of the CARs are positive and 257 are negative
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