Global M&A Deal Leaks Go Up
Submitted by Intralinks, a Partner of M&A Leadership Council
In the days leading up to a bid announcement, significant trading in the shares of the target company can indicate information is leaking about the deal. While not providing absolute confirmation of a leak in an individual deal, significant pre-announcement trading (SPAT) across a large sample can be used to examine patterns and trends in leaking across time periods and geographies.
The Intralinks Annual M&A Leaks Report analyzes and reports on deal leaks globally. This report looks at deal leaks for the period 2009-2015, while placing emphasis on the 2015 findings compared to previous years. The analysis of data for this report was conducted in association with the M&A Research Centre at Cass Business School, City, University of London.
FULL REPORT can be downloaded here.
