Experience Stern | News & Events

Excerpt from Global Finance -- "Yakov Amihud, Ira Rennert Professor of Entrepreneurial Finance at New York University’s Stern School of Business, agrees: 'Cash offers were historically associated with better outcomes for bidders. One could suspect that a large component of stock in the offer, or all-stock offer, may reflect the bidder’s view that its stock is overvalued and its management thus uses it as currency to pay for the deal.'"

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