Buckle-up and accelerate: Insider's private effort during M&A

Key Points

• Insider trading activities significantly influenced merger outcomes, with a 35% variation in deal success rates.
• Analysis of multiple merger cases between 2015 and 2020 highlights the strategic role of insider knowledge.
• Case studies of corporate transactions demonstrate unique insider-driven initiatives impacting negotiations.
• This study suggests regulatory scrutiny may need to intensify around insider trading during M&A deals.