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A study of the acquisition of failed banks
Date:
1998
Type:
Text
Extent: 7 p.
Source:
Proceedings of the 28th Atlantic Schools of Business Conference, Acadia University, 1998
Abstract:
An examination of 45 FDIC sponsored bank mergers and 118 normal mergers occurring in the United States between 1982 and 1988 find no significant returns accrue to the shareholders of the acquiring bank. This differs from earlier studies that find significant returns to acquired firm shareholders.
Subject:
- Bank mergers -- United States
- Bank failures -- United States
- Bank stocks -- United States
