Essays about: "Post merger"

Showing result 21 - 25 of 86 essays containing the words Post merger.

  1. 21. Understanding SPACs: A study of stakeholder characteristics in the US SPAC market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Petter Björklund; [2021]
    Keywords : Special Purpose Acquisition Company; SPAC; Initial Public Offering; Reverse Merger; Shell Company;

    Abstract : The number of Special Purpose Acquisition Companies ("SPACs") have surged in the recent year, despite previous research documenting the historical underperformance of SPACs, both compared to the market and traditional initial public offerings ("IPOs"). The purpose of this thesis is to contribute to an increased understanding of the US SPAC market and to further investigate stakeholder characteristics that in turn could point us towards an understanding of the SPAC market's general nature and development over time. READ MORE

  2. 22. Anti-competitive: Things that Gain from Dispersion - An Application of Synthetic Controls in Ex-Post Merger Analysis

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Isak Thelander; Eliel Koivisto Stenström; [2021]
    Keywords : Ex-Post Merger Analysis; Antitrust; Synthetic Control; Sweden;

    Abstract : This thesis tests how 16 approved mergers which were subjected to an ex-ante investigation by the Swedish Competition Authority (SCA) between 2000-2015 affected consumer prices through a synthetic control methodology. Ex-post assessments of approved mergers' effect on prices are rare due to a lack of adequate controls for non-merger related price fluctuations. READ MORE

  3. 23. How do SPACquisitions Perform?: Empirical Evidence on Post-Merger Performance in SPAC 3.0

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Rune Nicholas Christoffer Wikman; Jie Yang; [2021]
    Keywords : Special Purpose Acquisition Company; SPAC; Post-merger performance; Moral hazard; Initial Public Offering; Double Selection Lasso; Business and Economics;

    Abstract : Special Purpose Acquisition Companies (“SPACs”) provide targets with an alternative route to the public markets and have grown significantly in popularity in recent years. The existing literature on SPAC performance, which predominantly examines the previous generation of SPACs (pre-2010), reveals that the market tends to react positively to acquisition announcement, while post-merger performance tends to be poor on average. READ MORE

  4. 24. Tipping Markets : An analysis of the Commission's proposal for a Digital Markets Act

    University essay from Uppsala universitet/Juridiska institutionen

    Author : Hedvig Sylwan; [2021]
    Keywords : ;

    Abstract : The particular characteristics and practices of digital platforms have given rise to the phenomenon of “tipping”, where one platform provider takes the whole market. There has been a growing concern among competition law regulators and enforcers that the traditional ex-post antitrust instruments cannot remedy the distortion of competition it causes in digital markets. READ MORE

  5. 25. The Ups and Downs of SPACs - An analysis of abnormal returns for recent SPACs during its different stages

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ludwig Wolff; Filip Ternemo; [2021]
    Keywords : SPACs; Special Purpose Acquisition Company; Event Study; Agency Theory; Abnormal Returns; CAR; BHAR; Business and Economics;

    Abstract : As Special Purpose Acquisition Companies (SPACs) are becoming the increasingly popular method of taking a company public, the lack of research on abnormal returns for this asset class since its introduction to the major exchanges validates a reason to expand the investigation. This thesis examines the potential abnormal returns found in different stages of recent SPACs lifecycle, dividing the SPACs into its three major events. READ MORE