Tender Offers in South America: Do They Convey Good News to the Market?

Different studies in developed capital markets have found positive abnormal returns of atleast 15% during the announcement date of a tender offer. Although there are almost nostudies for South American stock markets, one study reported positive abnormal returns,ranging from 25% to 50%, related to th...

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Bibliografiske detaljer
Udgivet i:Análisis Económico
Main Authors: Darcy Fuenzalida, Samuel Mongrut, Mauricio Nash
Format: Artigo
Sprog:Inglês
Udgivet: Universidad Autónoma Metropolitana 2006
Fag:
Economía y Finanzas
tender offer
abnormal return
emerging market
Online adgang:https://www.redalyc.org/articulo.oa?id=41304810
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