A New Era of Midnight Mergers: Antitrust Risk and Investor Disclosures
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Antitrust authorities search public documents to discover anticompetitive mergers. Thus, investor disclosures may alert them to deals that would otherwise escape scrutiny, creating disincentives for managers to divulge transactions. We study this behavior in publicly traded US companies. First, we
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美国国家经济研究局创建时间：
2022-01-01
