Matthew Rhodes-Kropf and S. Viswanathan are with Columbia University and Duke University, respectively. We thank Michael Bradley, Espen Eckbo, Larry Glosten, Pete Kyle, Augustin Landier, Costis Maglaras, Jan Mahrt-Smith, Mit Mehta, Michael Riordan, David T. Robinson, Tano Santos, and Daniel Wolfenzon for useful discussions. The anonymous referee's comments have improved the paper considerably. We thank participants at the American Finance Association, Columbia University, Duke University, London Business School, National Bureau of Economic Research, Oxford University, Rutgers University, and Stanford University workshops for insightful comments. All errors are our own.
Market Valuation and Merger Waves
Version of Record online: 27 NOV 2005
© 2004 the American Finance Association
The Journal of Finance
Volume 59, Issue 6, pages 2685–2718, December 2004
How to Cite
RHODES-KROPF, M. and VISWANATHAN, S. (2004), Market Valuation and Merger Waves. The Journal of Finance, 59: 2685–2718. doi: 10.1111/j.1540-6261.2004.00713.x
- Issue online: 27 NOV 2005
- Version of Record online: 27 NOV 2005
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