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Tender offers in South America: Are abnormal returns really high?

"Different studies in developed capitalmarkets have found positive abnormalreturns of at least 15% during theannouncement date of a tender offer.Although there are almost no studiesfor South American stock markets,some studies reported positive abnormalreturns, ranging from 25% to50%, related t...

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Detalhes bibliográficos
Publicado no:Estudios Gerenciales Estudios Gerenciales (Colombia) Num.101 Vol. 22
Main Authors: Samuel Mongrut, Juan Tapia, Darcy Fuenzalida, Mauricio Nash
Formato: Artigo
Idioma:English
Publicado em: Universidad ICESI 2006
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Acesso em linha:https://www.redalyc.org/articulo.oa?id=21210101
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