Firms experience share price reactions

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Question

Suppose that we wished to conduct an event study on whether acquiring firms experience share price reactions to takeover announcements. For our event study, we will use for our sample the following three acquiring firms:

Company X: Merger announcement date January 15, 2012

Company Y: Merger announcement date February 15, 2012

Company Z: Merger announcement date April 10, 2012

Reference no: EM133495856

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