X hits on this document

124 views

0 shares

0 downloads

0 comments

54 / 54

Model # Î

#1

#2

#3

#4

Deal Characteristics Log(transaction value) Stock consideration?

0.11 (0.13) -0.48 (0.48)

0.13 (0.11) -0.42 (0.46)

0.15 (0.11) -0.29 (0.46)

0.15 (0.11) -0.29 (0.46)

Target Shareholder Profile Percent held by controller Percent held by institutions Number of large-block holders

0.03 (0.02) 0.24 (0.76) -0.14 (0.20)

0.03 (0.02)

0.03 (0.02)**

0.03 (0.02)*

Target & Controller Characteristics Controller is family group?

-0.06 (0.53)

-0.08 (0.52)

-0.01 (0.52)

-0.07 (0.51)

Controller’s Outside Counsel: Log(deal experience) Experienced? Experienced? * Pre-deal stake

0.23 (0.10)**

0.22 (0.11)**

0.81 (0.41)*

0.01 (.01)**

Log(days since Siliconix)

-0.29 (0.20)

-0.32 (0.19)*

-0.31 (0.18)*

-0.29 (0.18)

Number of observations Pseudo R-sq

68 16.4%

68 16.2%

68 18.5%

68 18.8%

Table 5: Transaction Form (cont)

Panel B: Delaware Targets Only

52

Document info
Document views124
Page views124
Page last viewedTue Dec 06 11:18:46 UTC 2016
Pages54
Paragraphs1765
Words17237

Comments