Sometimes the stock price of a possible target company rises in anticipation of a merger bid. Explain

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Sometimes the stock price of a possible target company rises in anticipation of a merger bid. Explain how this complicates the bidder’s evaluation of the target company.

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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Question Posted: Jun 09, 2011 06:37 AM

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Sometimes the stock price of a possible target company rises in anticipation of a merger bid. Explain

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Principles of Corporate Finance

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