1) Explain why some companies are worth more dead than alive? (Consider about voluntary liquidation and merger)
2) - Why does the market react positively to carve-outs?
3)-Different from a seasoned equity offer or a tracking stock?
4) Why the accounting and finance approaches to corporate control policy decisions may lead to different answers.
5) How does stock prices of target firms and bidder firms typically responses to takeover activity? What explanations have been suggested to explain stock price responses for bidder firms?