Brook, Yaron; Hendershott, Robert; Lee, Darrell - In: Journal of Finance 53 (1998) 6, pp. 2185-2204
This paper uses interstate banking deregulation to explore the benefits of takeover deregulation and how these benefits are distributed across different firms. We find large and significant abnormal returns around the Interstate Banking and Branching Efficiency Act of 1994 which imply it created...