THE RELATIONSHIP BETWEEN TAKE-OVER ACTIVITY AND SHARE VALUATION

Authors

  • A. R. Appleyard,

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    • Lecturers in Accounting and Economics respectively, University of Newcastle upon Tyne, England. We are grateful to Stewart C. Myers for several helpful comments on an earlier draft of this paper.
  • G. K. Yarrow

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    • Lecturers in Accounting and Economics respectively, University of Newcastle upon Tyne, England. We are grateful to Stewart C. Myers for several helpful comments on an earlier draft of this paper.

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