{"product_id":"can-auction-and-multiple-bid-targets-be-identified-in-the-field-of-m-a-von-elmer-slag","title":"Can auction- and multiple bid targets be identified in the field of M\u0026A?","description":"\u003cp\u003eCan auction- and multiple bid targets be identified in  the field of M\u0026amp;A?  This empirical study employs a binary logit model to  identify the characteristics of companies that have  been acquired facing a single bid or facing multiple  bids from different bidders in the US during the  period 2004-2009. The research extends the present  research by looking at the differences in  characteristics between acquired companies instead of  investigating if the company will be acquired or not.   The results reveal that companies that experience  multiple bids have significantly different values  regarding the EBIT margin, sales turnover and market  to book ratio. Besides the characteristics of the  companies, the premium paid and several control  variables have been addressed. The findings suggest  that companies that face multiple bids tend to have  different characteristics however these results have  to be placed in perspective in order to make correct  judgments. Finally the findings have been related to  the existing takeover prediction literature.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838396088\"\u003e\u003ch3\u003eResearch on the US public market 2004-2009\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838396088","offer_id":39497127821405,"sku":"9783838396088","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/f68274ae-2574-4f4a-a7b5-2d0465d8b580.jpg?v=1758952796","url":"https:\/\/shop.autorenwelt.de\/products\/can-auction-and-multiple-bid-targets-be-identified-in-the-field-of-m-a-von-elmer-slag","provider":"Autorenwelt Shop","version":"1.0","type":"link"}