Markides and Oyon found positive announcement effects for acquisitions by U.S. firms of:
A) Continental European targets
B) British or Canadian target firms
C) South and Central American firms
D) Asian companies

Question

Quizplus · Accepted Answer

Markides and Oyon found that acquisitions by U.S. firms of Continental European targets resulted in positive announcement effects, indicating favorable market reactions to such acquisitions.

Markides and Oyon Found Positive Announcement Effects for Acquisitions by U.S