On conformance of legal merger duration with Burr type III and XII distributions
DOI:
https://doi.org/10.29015/cerem.192Keywords:
Merger and Acquisition Process, Legal Merger Procedure, Duration Analysis, Polish Merger Market, Distribution Fitting, Burr and Inverse Burr DistributionsAbstract
We consider the concept of a legal merger process definition as an element of its transaction phase. The legal merger duration definitions are presented together with the system of Burr probability distributions as a part of stable heavy-tailed probability distribution family. A characteristics and reasons of choosing Burr distributions of type III and XII are presented too as well as the data collected about Polish merger process market. Finally, statistical reasoning for obtained results and some conclusions and suggestions for future research are presented in the paper.References
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