RESEARCHER FINDS GOOD MANAGEMENT, STOCK BUY-BACKS, DETER TAKEOVER ATTEMPTS
May 05, 2008
May 05, 2008
IOWA CITY, Iowa, May 5 -- The University of Iowa's College of Business issued the following news release:
The best way for companies to avoid becoming takeover targets is to engage in regular stock buy-backs on the open market, according to research by a University of Iowa business professor.
"Firms that buy their stock back on the open market are seen as more efficient and more sensitive to shareholder interests," said Matt Billett, professor of finance i . . .
The best way for companies to avoid becoming takeover targets is to engage in regular stock buy-backs on the open market, according to research by a University of Iowa business professor.
"Firms that buy their stock back on the open market are seen as more efficient and more sensitive to shareholder interests," said Matt Billett, professor of finance i . . .