Mehta, Ramit; Schiereck, Dirk - In: The International Journal of Business and Finance Research 6 (2012) 3, pp. 67-87
The brewing industry has recently experienced increased merger activity. This paper analyzes the shortterm wealth effects of horizontal mergers and acquisitions on acquirers in the brewing industry. Based on a sample of 69 takeover announcements between 1998 and 2010, significant positive...