Sellers’s reactions to takeover rumours and announcements before M&A: The event study on HOSE
By Nguyen Thi Hong Ngoc (VNP 22) Supervisor: Dr. Vu Viet Quang Abstract This paper examines the trading activity of target firms in the days before acquisition announcement. Using a sample of acquisition announcements in HOSE during the period of 2012 – 2016, the results showed that significantly abnormally trading volume precedes share price movements. […]
