Posted by John Bradford
Another out take from Blueprint in Ecuador earlier this year. Kevin Coakley graces color negative goodness…
Coakley: switch wallride to deepend drop.
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Not sure I uandrstned your response. Assume there are no frictions in the market for corporate control, and that market prices are efficient but that acquirers consistently overpay for control. Then there would be positive returns to sellers, and negative returns for buyers (which is my uandrstneding of the data).
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