include (1) bills of exchange and promissory notes payable or issued by a company and given to the creditor or the buyer as evidence of rights under the bills. Additionally, such bills must be accompanied
characteristics, bills deemed as securities mean: (1) bills of exchange and promissory notes payable or issued by a company and given to the creditor or the buyer as evidence of rights under the bills. Additionally
not increase as much as expected. This reflected information leakage costs such as rumor, more intensified competition, losing advantage of the first buyer or failure of M&A. Asst. Prof. Dr. Thanyaluk