Glamour, value and the post-acquisition performance of acquiring firms 1 We would like to thank Eugene Fama for providing us with monthly factor returns. We would also like to thank Brad Barber, Chun Chang, Dave Denis, Eugene Fama, Kenneth French (the referee), Paolo Fulghieri, Gabriel Hawawini, Pierre Hillion, Ravi Jagannathan, Dave Ikenberry, Murgie Krishnan, Tim Loughran, Arijit Mukherji, Kevin Murphy, Abraham Ravid, Bill Schwert (the editor), Kiran Verma, and seminar participants at the 1996 Western Finance Association meetings, the 1996 European Finance Association meetings, the 1996 Financial Management Association meetings, the 1996 European Financial Management Association meetings, the 1996 French Finance Association meetings, Erasmus University, ESSEC, London Business School, Maastricht University, the University of Minnesota at Minneapolis Saint-Paul, University of North Carolina at Chapel Hill, Oxford University, Purdue University, Rice University, and Yale University for comments on previous drafts of this paper. 1
Titel:
Glamour, value and the post-acquisition performance of acquiring firms 1 We would like to thank Eugene Fama for providing us with monthly factor returns. We would also like to thank Brad Barber, Chun Chang, Dave Denis, Eugene Fama, Kenneth French (the referee), Paolo Fulghieri, Gabriel Hawawini, Pierre Hillion, Ravi Jagannathan, Dave Ikenberry, Murgie Krishnan, Tim Loughran, Arijit Mukherji, Kevin Murphy, Abraham Ravid, Bill Schwert (the editor), Kiran Verma, and seminar participants at the 1996 Western Finance Association meetings, the 1996 European Finance Association meetings, the 1996 Financial Management Association meetings, the 1996 European Financial Management Association meetings, the 1996 French Finance Association meetings, Erasmus University, ESSEC, London Business School, Maastricht University, the University of Minnesota at Minneapolis Saint-Paul, University of North Carolina at Chapel Hill, Oxford University, Purdue University, Rice University, and Yale University for comments on previous drafts of this paper. 1
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