The Impact of bid defences in hostile acquisitions
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<subfield code="a">The Impact of bid defences in hostile acquisitions</subfield>
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<subfield code="a">This paper presents an empirical investigation into the use and impact of post-bid takeover defences within recent UK hostile acquisitions. Specifically, using data from 56 contested takeover approaches, the study explores the impact of individual defence tactics on the eventual outcome of the takeover attempt, the bid premium offered to shareholders and the level of executive retention within the target company</subfield>
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<subfield code="g">nº 2-3, April-June 2006 ; p. 142-150</subfield>
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