Corpus ID: 168727457

Selling to buy : asset sales and mergers and acquisitions.

@inproceedings{McNamee2017SellingTB,
  title={Selling to buy : asset sales and mergers and acquisitions.},
  author={Nathan P. McNamee},
  year={2017}
}
  • Nathan P. McNamee
  • Published 2017
  • Business
  • This thesis studies the effects of using proceeds from asset sales as a source of funding for mergers and acquisitions (M&As). The first empirical chapter investigates the financing decisions made by acquiring firms and seeks to test a new theoretical framework proposed by Edmans and Mann (2017) which models a firm’s funding choice between asset sales and equity offerings. Their theory identifies settings in which a firm may prefer to select one financing source over the other, which may… CONTINUE READING

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