Saturday, August 20, 2011, 8:30-10:15 am; Corporate Finance Empirical
Mergers - B3

Session Chair: Mariassunta Giannetti, Stockholm School of Economics

• Acquisitions Driven by Stock Overvaluation: Are They Good Deals? PDF
  Fangjian Fu¹, Leming Lin², Micah Officer³
  Singapore Management University¹; University of Florida²; Loyola Marymount University ³
  • Discussant: Oliver Spalt, Tilburg University

• Winning by Losing: Evidence of Overbidding in Mergers PDF
  Ulrike Malmendier¹, Enrico Moretti ¹, Florian Peters²
  University of California - Berkeley¹; University of Amsterdam²
  • Discussant: Cristina Cella, Stockholm School of Economics
  
  
• Merger Negotiations with Stock Market Feedback PDF  
  Sandra Betton¹, B. Espen Eckbo², Rex Thompson³, Karin S. Thorburn⁴
  Concordia University¹; Dartmouth College²; Southern Methodist University³; Norwegian School of Economics and Business Administration⁴
  • Discussant: Laurent Bach, Stockholm School of Economics