The selection of republished corporate finance articles and book chapters can serve as an advanced corporate finance textbook. Combining convenience with retypeset pages and a high-quality
index, this volume and its companion, "Takeover Activity, Valuation Estimates, and Sources of Mergers Gains," introduce students to modern scientific evidence about corporate takeovers. Its
contents include classical issues such as the existence and source of merger waves, empirical estimates of takeover announcement returns and the division of takeover gains between bidders and
targets, and test for potential sources of takeover gains (primarily involving estimation of industry wealth effects of takeovers). Featuring a new introduction, this volume will simplify and
facilitate students' interaction with new concepts and applications.