Carow, Kenneth A.; Kane, Edward J.; Narayanan, Rajesh P. - In: Journal of Money, Credit and Banking 38 (2006) 3, pp. 821-836
Previous studies of event returns surrounding bank mergers show that banks gain value in megamergers and additional value when they absorb in-market competitors. A portion of these gains has been traced to the increased bargaining power of banks vis-a-vis regulators and other competitors. We...