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Summary: We went to university together order cheap bimatoprost It might seem painfully obvious: Of course a manager is more likely to kill a deal with bad coverage. After all, most CEOs own shares in their companies. If a stock price falls with little hope for a spike, the CEO surely would have an incentive to cancel it to avoid portfolio losses. But the authors weren’t satisfied that the fear of dwindling wealth told the whole story. Using stock market reaction at the time of the acquisition announcement as a proxy for whether a deal was “bad,” they wanted to find out why else managers “listen to the market.â€Â�
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