Effect of LBO announcement on private information in US market.

• Main Authors: Kee, Serene Chi Lin., Ngoh, Yi Sin., Lin, Kennard Jian Chuang.
• Other Authors: Charlie Charoenwong
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Business::Finance::Stock exchanges
• Online Access: http://hdl.handle.net/10356/22120
• Institution: Nanyang Technological University

The objective of our study is to investigate whether the announcement of leveraged buyouts (LBOs) triggers the motivation for investors to conduct additional research to increase their private information of the target firm. We measure the level of private information reflected in the stock prices u...