Hi there,
Im currently working on a project in which i have to compute the marketcap of an acquirer 11 days before the announcement date (t-11). But Per acquirer I have got multiple acquisitions, which means multiple announcements dates.
If I want to compute the marketcap of the acquirer 11 days before the announcement date, stata does not recognize the fact that i ve got multiple transactions per acquirer...
Every acquirer has a Unique code (cusip6)
This is the code Im running, but it is wrong...:
"bysort dateannounced: gen marketcap_acquirer = (share_outstanding * price) if t== -11 "
What am I doing wrong?
Could anyone help me out?
Thanks in advance
Noud
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