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- W2044961569 abstract "We studied repeated acquirers in Federal Deposit Insurance Corporation (FDIC) assisted acquisitions. Using a sample of 128 FDIC assisted acquisitions and 387 non-assisted acquisitions, we found that FDIC assisted acquirers, on average, produced positive abnormal returns. This result was driven by repeated acquirers. First-time acquirers did not profit in these assisted acquisitions. In a logit analysis, we found that the FDIC repeated acquirer improved its profiting chances by reducing the winning bid and the number of bids. This evidence is consistent with the suggested experience/information effect based on theory and FDIC practices." @default.
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- W2044961569 date "1997-10-01" @default.
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- W2044961569 title "Repeated acquirers in FDIC assisted acquisitions" @default.
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- W2044961569 doi "https://doi.org/10.1016/s0378-4266(97)00025-3" @default.
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