Financial versus strategic bidders: Evidence from unsuccessful takeover bids

Magnus Blomkvist*, Timo Korkeamäki

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

1 Citation (Scopus)

Abstract

Even failed takeovers can identify undervalued target firms. We find that compared to financial bidders, strategic buyers have a greater lasting valuation effect on the targets. Strategic bidders thus appear to be superior in identifying undervalued targets.

Original languageEnglish
Pages (from-to)142-144
Number of pages3
JournalECONOMICS LETTERS
Volume159
DOIs
Publication statusPublished - 1 Oct 2017
MoE publication typeA1 Journal article-refereed

Keywords

  • Corporate investments
  • Mergers and acquisitions
  • Private equity

Fingerprint Dive into the research topics of 'Financial versus strategic bidders: Evidence from unsuccessful takeover bids'. Together they form a unique fingerprint.

Cite this