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However, positive abnormal returns appear in almost all selected windows when analysing deals in financial service industry, and negative abnormal returns appear in almost all selected windows when analysing deals in non-financial industries. Selection of the model and formation of the sample affect the results.<\/p>","DOI":"10.4018\/ijissc.2018070105","type":"journal-article","created":{"date-parts":[[2018,5,3]],"date-time":"2018-05-03T16:11:05Z","timestamp":1525363865000},"page":"70-84","source":"Crossref","is-referenced-by-count":0,"title":["Wealth of Merger and Acquisition on Acquiring Firms in Brazil"],"prefix":"10.4018","volume":"9","author":[{"given":"Jianyu","family":"Ma","sequence":"first","affiliation":[{"name":"School of Business, Robert Morris University, Moon Township, USA"}]},{"given":"Mingzhai","family":"Geng","sequence":"additional","affiliation":[{"name":"Center for Collaborative Innovation Research on New Urbanization and CPEZ Construction, Henan University, China"}]},{"given":"Yun","family":"Chu","sequence":"additional","affiliation":[{"name":"School of Business, Robert Morris University, Moon Township, USA"}]},{"given":"Jason C. 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