Tampakoudis, Ioannis A.; Subeniotis, Demetres N.; … - In: International Journal of Revenue Management 5 (2011) 1, pp. 42-62
This paper analyses the wealth effects of mergers and acquisitions in Europe over the past 60 years. We review a number of empirical studies to test several theoretical hypotheses regarding the revenue accruing to target-companies' shareholders. We tend to confirm the positive nature of the...