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Keywords: Investment banks
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2022) 48 (7): 1069–1085.
Published: 12 February 2020
...Tim Mooney Purpose This study examines whether mutual funds buy or sell the stock of merger targets advised by their investment bank affiliates in advance of merger announcements and withdrawals. Existing literature finds mixed evidence on whether financial conglomerates act on conflicts...
