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Divestiture and Share Price

Published online by Cambridge University Press:  19 October 2009

Kenneth J. Boudreaux
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Extract

As an alteration of the firm's productive asset portfolio, divestiture is the mirror-image of asset acquisition or merger. Yet, though significant efforts have been expended by researchers into the implications of acquisition and merger, the literature of finance is all but silent on the subject of divestiture.

Type
VI. Capital Budgeting Decsions
Information
Journal of Financial and Quantitative Analysis , Volume 10 , Issue 4 , November 1975 , pp. 619 - 626
Copyright
Copyright © School of Business Administration, University of Washington 1975

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References

REFERENCES

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