In the shleifer and vishny 2003 model overvalued bidders
Question: In the Shleifer and Vishny (2003) model, overvalued bidders use equity to buy relatively undervalued targets. Why do target firms agree to accept overvalued bidder stock? What is the empirical evidence?
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question in the shleifer and vishny 2003 model overvalued bidders use equity to buy relatively undervalued targets why
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