## Table A1
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## Coefficients for runup, R, in a regression of premium, P, on R, where the probability
of a successful takeover, p, is drawn from a uniform distribution over the interval [l, u].
E(p) and Var(p) are the mean and variance of the takeover probability, respectively.
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Lower limit, l | Upper limit, u | E(p) | Var(p) | plim b |

0.00 | 1.00 | 0.50 | 0.083 | 1.360 |

0.05 | 0.95 | 0.50 | 0.067 | 1.440 |

0.10 | 0.90 | 0.50 | 0.054 | 1.530 |

0.15 | 0.85 | 0.50 | 0.041 | 1.620 |

0.20 | 0.80 | 0.50 | 0.030 | 1.710 |

0.25 | 0.75 | 0.50 | 0.021 | 1.790 |

0.30 | 0.70 | 0.50 | 0.013 | 1.860 |

0.35 | 0.65 | 0.50 | 0.007 | 1.920 |

0.40 | 0.60 | 0.50 | 0.003 | 1.970 |

0.45 | 0.55 | 0.50 | 0.001 | 1.990 |

0.50 | 0.50 | 0.50 | 0.000 | 2.000 |

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