Working Paper

18 March 2021

The Choice Between Various Freeze-out Procedures and its Consequences

We develop a model of freeze-out merger and tender offers and test it in an economy where merger and tender regulation are extremely different. Using a relatively large sample of 329 freeze-out offers in Israel during 2000-2019, we...

Beni Lauterbach | Evgeny Lyandres | Yevgeny Mugerman | Barak Yarkoni