Lowenstein (1985) 28 MBOs during 1979-1984
{"Image DocumentName": "Lowenstein (1985) 28 MBOs during", "Image ImageDescription": "Each valued at over  100 million at winning bid. Management ownership fraction very small. Pre-offer: 3.8% (median); 6.5% (mean) Post-offer: 10.4% (median); 24.3% (mean) Premium over market price 30 days before announcement: 58% (median); 56% (mean) Premiums rose with number of bids \u2014 three or more bids, premium = 76% (median), 69% (mean) Premium over management bid in 11 successful third-party bids relatively small \u2014 8% (median), 14% (mean) \u00a92001 Prentice Hall Takeovers, Restructuring, and Corporate Governance, 3/e Weston - 24.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}