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Footnotes 1 . References to the empirical literature summarized in this article and a more detailed discussion can be found in Roberta Romano , “ A Guide to Takeovers: Theory, Evidence, and Regulation ,” Yale Journal on Regulation , Vol. 9 ( 1992 ), pp. 119 – 180 . 2 . See Charles Brown and James L. Medoff, “The Impact of Firm Acquisitions on Labor,” in Alan Auerbach, ed., Corporate Takeovers: Causes and Consequences (University of Chicago Press, 1988), pp. 9–10 3 . David W. Blackwell , M. Wayne Marr , and Michael F. Spivey , “ Plant‐closing Decisions and the Market Value of the Firm ,” Journal of Financial Economics , Vol. 26 ( 1990 ), pp. 277 – 298 . 4 . See Elizabeth E. Bailey, David R. Graham and Daniel P. Kaplan, Deregulating John C. Coffee, Louis Lowenstein and Susan Rose‐Ackerman (Oxford University the Airlines (MIT Press, 1985), pp. 95–102, 197. Press, 1988), pp. 271–299. 5 . See Ronald J. Gilson, Myron S. Scholes and Mark A. Wolfson, “Taxation and the Dynamics of Corporate Control: The Uncertain Case for Tax Motivated Acquisitions,” in Knights, Raiders and Targets: The Impact of Hostile Takeovers, eds. John C.
Journal of Applied Corporate Finance – Wiley
Published: Sep 1, 1992
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