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For starters, the acquirers steadily built the muscles for them through frequent acquisitions.
As an alternative explanation for our findings, the results may be driven by frequent acquisitions.
The top-heavy but fragmented market fuels the segment's frequent acquisitions, says Garnett, who has been researching the researchers for the past eight years.
Several studies report frequent acquirers' poor performance.10 If higher excess cash and weak governance increase the likelihood of acquisitions, and these frequent acquisitions are associated with lower bidder returns, our results may reflect the effect of frequent acquisitions rather than the interaction effects of ATPs with the governance environment.
There is evidence the pace of technological change is causing this to happen in other industries, with the rapid and frequent acquisitions of small startups by the likes of Google and Facebook.
The frequent acquisitions often put hospital staff members at odds with the out-of-town owners and fostered feelings of instability in the community, backers say.
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Pandora has been subject to frequent acquisition rumors and its shares are up 58percentt in the past year as a result.
Similar to other Savanna regions, the main challenges for remote sensing based carbon quantification in the Cerrado are related to the strong seasonality of rainfall, as cloud cover in the wet season hinders the frequent acquisition of optical imagery [30].
However, the limited rate of contact between humans and insectivorous bats makes a continuous and frequent acquisition of MERS-CoV from bats an unlikely scenario.
A distinct origin associated with cdc6i was observed in this variable region in the H. marismortui chromosome, which supports the frequent acquisition of replication origins in variable regions.
This could explain the frequent acquisition of ribosomal protein mutations following selection of resistance to LNZ in different bacterial species [ 3].
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