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The Allocational Role of Takeover Bids in Situations of Asymmetric Information

Sanford J. Grossman and Oliver D. Hart
The Journal of Finance
Vol. 36, No. 2, Papers and Proceedings of the Thirty Ninth Annual Meeting American Finance Association, Denver, September 5-7, 1980 (May, 1981), pp. 253-270
Published by: Wiley for the American Finance Association
DOI: 10.2307/2327007
Stable URL: http://www.jstor.org/stable/2327007
Page Count: 18
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The Allocational Role of Takeover Bids in Situations of Asymmetric Information
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