1.What are the wealth effects to parent firms in unsuccessful asset sales? What do these results say about the efficiency of completed asset sales? 2. What does the empirical evidence say about (1)...

1.What are the wealth effects to parent firms in unsuccessful asset sales? What do these results say about the efficiency of completed asset sales? 2. What does the empirical evidence say about (1) information and (2) efficiency as a source of wealth gains in equity carve-outs? 3. How are related and unrelated assets usually defined? 4. How is diversification measured? What is meant by a diversification discount?