Selling Assets: Are Sellers Better Off with Strong Buyers?

The authors are grateful to Susan Athey, Elizabeth Bailey, Sudipto Dasgupta, Mehmet Ekmekci, Jonathan Levin, Uday Rajan, Matthew Zaragoza, and Andrey Malenko for comments and to participants at the Hong Kong University of Science and Technology Finance Symposium, the American Finance Association Meetings, and the 10th The Centre for Studies in Economics and Finance (CSEF) and the Innocenzo Gasparini Institute for Economic Research (IGIER Bocconi) Symposium on Economics and Institutions held in Capri, Italy, as well as to seminar participants at Katholieke Universiteit Leuven, The University of New South Wales, Monash University, Deakin University, University of Melbourne, Pompeu Fabra, Stanford, University of California – Irvine, Universita de Porto, Universita Catolica (Lisbon), Universidad Carlos III, University of Rotterdam, Tilburg University, and University of Amsterdam.