The Revaluation Effect Following M&A Withdrawals: Evidence from Europe between 1997-2019
The main purpose of this study is to examine the revaluation effect on European target firms following a withdrawn bid. Thereto, investigate if different deal characteristics including method of payment, company status, cross-border versus domestic, and industry relatedness cause any variation in the revaluation effect on target firm wealth. This thesis employs a quantitative research approach by