Mike22332233
$RYAM $GFL $SLS
My BO stocks had no deals announced on "Merger Monday" ...
But how do M&A deals actually break down during each day of the week?
THREE long term studies give us the answer ...
Wang & Kang study:
Deals from 2005–2014
Monday
2,185
26%
Tuesday
1,714
21%
Wednesday
1,654
20%
Thursday
1,684
20%
Friday
1,084
13%
Total
8,321
100%
------------
Ponnio study:
Deals from 1994–2006
Monday
384
29.49%
Tuesday
266
20.43%
Wednesday
241
18.51%
Thursday
232
17.82%
Friday
179
13.75%
Total
1,302
100.00%
--------
Louis & Sun study:
Deals From 1982-2006
Monday
1,027 deals
26.25%
Tuesday
855 deals
21.85%
Wednesday
789 deals
20.17%
Thursday
701 deals
17.92%
Friday
540 deals
13.80%
Total Sample (N)
3,912 deals
100.00%
---------
COMBINED RESULTS:
Monday ......... 26.6%
Tuesday ........ 20.9%
Wednesday ... 19.9%
Thursday ....... 19.3%
Friday ............ 13.3%
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