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Heiko Schoen

Pharma M&A versus alliances and its underlying value drivers
by Heiko Schoen ~ Hardback

From a capital market perspective, the author analyzes Merger and Acquisitions transactions (M&A) and in-licensings in the pharmaceutical industry between 1998 and 2012. Utilizing the event study methodology, the volume shows that M&A experiences significant, negative cumulative average abnormal ret...

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