9 research outputs found
An Analysis of Resolution Trust Corporation Transactions: Auction Market Process and Pricing
No full textThis article describes the operations of the Resolution Trust Corporation (RTC), examines the procedures it employs to resolve distressed Savings and Loan scenarios and investigates the pricing of transactions undertaken by the RTC. The RTC has been criticized for allegedly transferring properties to acquirers at "bargain" prices. The transactions involving publicly traded acquirers in RTC sales are examined from an auction theory perspective. Overall, there is little evidence that winning bidders experience stock price gains. There are, however, subsets of bidders for which the outcomes are predominantly negative. The only category of transactions which provide statistically significant gains to acquirers are Insured Deposit Transfers. Copyright American Real Estate and Urban Economics Association.
Uma revisĂŁo das aproximações lineares para grandes amplitudes de oscilações do perĂodo de um pĂŞndulo simples
No full textVoluntary firm restructuring: why do firms sell or liquidate their subsidiaries?
No full textDivestiture, Liquidation, Subsidiaries, Ownership concentration, G33, G34,
Chloride/Bromide and Chloride/Fluoride Ratios of Domestic Sewage Effluents and Associated Contaminated Ground Water
No full textShareholder wealth gains through better corporate governance—The case of European LBO-transactions
No full text
