Get access
Advertisement

THE THEORY OF RECAPITALIZATIONS AND THE EVIDENCE OF DUAL PURPOSE FUNDS

Authors

  • Robert H. Litzenberger,

  • Howard B. Sosin

    Search for more papers by this author
    • Respectively, Associate Professor of Finance, Stanford University and Member of Technical Staff, Bell Labs. During the many months that this paper was in progress we have benefited from the suggestions and comments of William F. Sharpe, Mark Lieberman, Frederick Grauer, Jacques Rolfo and Richard Stehle. Price data supplied by the managers of the dual funds and financial support from the General Electric Foundation are gratefully acknowledged. The co-authors are of course, jointly and equally responsible for the content of the paper.

Get access to the full text of this article

Ancillary