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Do large South African acquisitions result in post-acquisition improvements in cash flow returns?
The purpose of this study is to evaluate whether South African acquisitions result in success, with success measured as post-acquisition improvements in cash flow returns. The reason for this approach is the view that a firm's intrinsic value is coupled to its long-term cash-generating ability. Post...
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| Format: | Thesis |
| Language: | English |
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Department of Finance and Tax
2016
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