Monday, January 14, 2008
Trading in Deal Stocks Triggers Look at Banks - WSJ.com
Trading in Deal Stocks Triggers Look at Banks - WSJ.com: "In the paper, 'The Dark Role of Investment Banks in the Market for Corporate Control,' three European finance professors examined more than 1,600 U.S. merger deals between 1984 and 2003, along with quarterly 13F filings of institutional stock ownership. They found that during the last quarter before a merger announcement, large investment
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