E Akben-Selcuk,A Altiok-Yilmaz
The objective of the present study is to investigate the impact of Merger & Acquisition (M&A) deals on the performance of acquirer Turkish companies. A total of 62 companies involved in M&A deals between 2003 and 2007 were included in the sample. Analysis of both stock market and accounting data weakly support the hypothesis that acquirer companies are negatively affected by M&A activities.
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