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University at Buffalo: Insider Trading Can Signal a Successful Merger
August 05, 2021
BUFFALO, New York, Aug. 5 (TNSRes) -- The University at Buffalo (State University of New York) issued the following news release:

Insider trading can be a key signal in determining the potential success of a merger, according to new research from the University at Buffalo School of Management.

Recently published in the Journal of Financial Economics, the study found that an acquiring firm enjoys higher returns and improved synergy when it takes over a business with high . . .

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