We link debt issuances by target companies around takeover announcements to enhanced
target bargaining power in negotiations with bidders over merger synergy gains in …

This paper investigates the information contained in stock and options markets leading up
to the public announcement of takeover attempts. The options market demonstrates …

First, we examine the sensitivity of bank holding company stocks to risk factors from 1987-2004.
Specifically, we identify six risk factors for returns on bank holding company stocks–…

Under the implicit assumption of well-developed capital markets and strong investor protection,
finance theory predicts that managers of target firms will respond to a takeover threat by …

An existing finance theory predicts that managers of takeover targets will increase leverage
to enhance managerial control which can, in turn, allow target managers to thwart a takeover …

The authors examine out-of-sample industry excess return predictability and portfolio allocation
using forecasting combination methods of industry-level and aggregate accruals, book-to…

I investigate bank loans to takeover targets considering the simultaneous decision of pricing,
maturity, collateral, and covenants applying Generalized Method of Moments (GMM). …

… Justin’s professional background is largely in commercial banking where he worked as a …
Prior to joining UNI, Justin was an assistant professor of finance at the University of Denver. …