Study Finds That Stock Buy-Backs Deter Takeover Attempts
The best way for companies to avoid becoming takeover targets is to engage in regular stock buy-backs on the open market, according to research by professor of finance Matt Billett. According to Billett's research, a well-managed firm will repurchase its stock when management senses a high takeover probability.
Henry B. Tippie College of Business, 108 John Pappajohn Business Building, Iowa City,
IA 52242-1994
Street Address: 21 E. Market Street
Phone: 319-335-0862