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Presentations at an Academic or Professional conference (1993)

Tender Offers and their Wealth Effects, Theory and Evidence : The French Case

After a brief review of the main motivations behind takeover bids, the paper presents a microeconomic model predicting their effects on share prices and compares the results obtained with French data.

CHARLETY-LEPERS, P. and SASSENOU, N. (1993). Tender Offers and their Wealth Effects, Theory and Evidence : The French Case.