What are the major goals of Federal securities laws? Explain the rationale for tender offer regulation elaborating on some of the major provisions thereof.
Discuss in detail the theories of the valuation effects of M&As (value increasing. decreasing, or neutral). What are the expected gains to targets, bidders, and the combined entity based on these theories?
What is winner’s curse and how can a bidding firm avoid this problem? Explain the trends in stock returns to target and bidder firms before, and after Williams Act of 1968.
What are the major purposes of antitrust laws?
What are some common characteristics of successful merger movements, and their bust? Provide specific examples from the real world.
Explain the need for the Sherman Act of 1890. Discuss its main provisions. Why was there a need for the Clayton Act of 1914?
