Current deals, ‘Winner’s Curse’, and the true cost of M&A transactions
The news today is again dominated in the business press in London with the offers being made for ABN Amro Bank by the Royal Bank of Scotland (RBS) and Barclays. This brings to mind the concept of ‘winner’s curse’ in M&A. Studies have shown that in M&A auctions, such as this one has come with [...]
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