Signaling in the ‘Before’ Model of Final Offer Arbitration

2021 ◽  
Author(s):  
Amy Farmer ◽  
Paul Pecorino
Keyword(s):  
Final Offer

Bargaining with Voluntary Transmission of Private Information: An Experimental Analysis of Final Offer Arbitration

2020 ◽  
Author(s):  
Paul Pecorino ◽  
Michael Solomon ◽  
Mark van Boening
Keyword(s):  
Private Information ◽  
Experimental Analysis ◽  
Final Offer

FINAL-OFFER ARBITRATION AND TEACHER CONTRACT BARGAINING

1978 ◽  
Vol 7 (4) ◽  
pp. 1-1
Author(s):  
RICHARD A. KING
Keyword(s):  
Final Offer

Heineken's Acquisition of Asia Pacific Breweries: Accounting for Business Combinations and Changes in Ownership Interests

2017 ◽  
Vol 32 (4) ◽  
pp. 101-127 ◽  
Author(s):  
Pearl Tan ◽  
Chu-Yeong Lim
Keyword(s):  
Market Share ◽  
Joint Venture ◽  
Interesting Case ◽  
Asia Pacific ◽  
Joint Control ◽  
Business Combinations ◽  
Final Offer ◽  
Control Premium ◽  
Joint Venture Partner

ABSTRACT On July 20, 2012, Heineken, a Dutch brewery offered S$5.125 billion (Singapore dollars; approximately US$4.1 billion) to buy Asia Pacific Breweries Ltd (APB; formerly, Malayan Breweries Limited) from its Singapore-based joint venture partner, Fraser and Neave, Limited. (F&N). At that point, Heineken and F&N had joint control over APB through the joint venture vehicle Asia Pacific Investments Pte Ltd (APIPL). Brewery business under the joint arrangement had moved on quite predictably from the time APB was formed in 1931. However, the calm changed to high drama when Thai Beverage, owned by one of Thailand's tycoons, made a bid for F&N and APB. Heineken was quick to respond by aggressively buying shares of APB, leading to a large control premium being paid in the final offer price. The bidding war was largely motivated by the Dutch and Thai beer giants, each wanting to own the iconic Tiger beer brand that was owned by APB and thus take control of APB's strong market share in the fast-growing market of Asia. The Heineken bid for APB presents an interesting case study regarding the motivations for acquisitions, the nature of control, and accounting for acquisitions. The case also presents rich issues in accounting for changes in ownership interests with and without gain of control.

Conventional arbitration, final offer arbitration and the chilling effect

1985 ◽  
Vol 17 (1-2) ◽  
pp. 177-181 ◽  
Author(s):  
John G. Treble
Keyword(s):  
Chilling Effect ◽  
Final Offer

Bargaining with voluntary transmission of private information: An experimental analysis of final offer arbitration

2021 ◽  
Vol 191 ◽  
pp. 334-366
Author(s):  
Paul Pecorino ◽  
Michael Solomon ◽  
Mark Van Boening
Keyword(s):  
Private Information ◽  
Experimental Analysis ◽  
Final Offer

Final Offer Arbitration

1987 ◽  
pp. 90-103
Author(s):  
K. Holden ◽  
D. A. Peel ◽  
J. L. Thompson
Keyword(s):  
Final Offer
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