Document Type

Article

Publication Title

Vanderbilt Journal of Transnational Law

Publication Date

2020

ISSN

0090-2594

Page Number

1023

Keywords

deal breakage, mergers and acquisitions, cross-border M&A

Disciplines

Business Organizations Law | Law | Marketing Law

Abstract

This Article presents a newly constructed mergers and acquisitions (M&A) data set that can support detailed analysis of deal outcomes, including deal breakage. The main novelty of the data set is a detailed classification scheme for characterizing deal outcomes, using information drawn from public announcements and news reports. The data set also includes a number of variables, hand gathered from press releases and merger agreements, that are unavailable in existing data sets in reliable form, or at all. The data set consists of all definitive, signed M&A transactions involving US public company targets with a deal value of at least $1 billion from 1996 to 2018. The data set excludes negotiations, hostile bids, and unsolicited offers not resulting in a definitive transaction, which cannot be compared apples to apples with deals involving definitive agreements.

Download

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.