Motives for and Consequences of Minority Equity Purchases

Minority block purchases describe the acquisition of a non-controlling equity stake below 50 percent in a corporation. The individual motives behind these transactions can vary significantly across different types of investors and firms. Friedel Drees examines the capital markets’ reaction to the an...

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Bibliographic Details
Main Author: Drees, Friedel
Format: eBook
Language:German
Published: Wiesbaden Gabler Verlag 2010, 2010
Edition:1st ed. 2010
Series:ebs-Forschung, Schriftenreihe der EUROPEAN BUSINESS SCHOOL Schloß Reichartshausen
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary:Minority block purchases describe the acquisition of a non-controlling equity stake below 50 percent in a corporation. The individual motives behind these transactions can vary significantly across different types of investors and firms. Friedel Drees examines the capital markets’ reaction to the announcements of minority equity purchases in Europe and the U.S. and identifies the potential sources of value creation. He shows that company-specific characteristics, such as the strategic relatedness between two corporations, can have a significant effect on shareholder value
Physical Description:XV, 109 S. 2 Abb online resource
ISBN:9783834988867