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Ioannis Oikonomou

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Open access Jul 2026

On the importance of credit rating distance: evidence from mergers and acquisitions

In this paper, we examine the impact of credit rating distance between acquirers and targets on mergers and acquisitions, using a sample of 409 U.S. domestic deals. We find that deals involving greater credit rating distance have significantly higher synergy returns, larger abnormal returns for both acquirers and tar...

G. Alexandridis, Zhenyi Huang, Ioannis Oikonomou · 0 citations

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