We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by … 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger … other banks. Other merger properties, including the size and risk profile of targets, the geographic overlap of merging …

analyze the effects of less restrictive policies, including merger remedies and the tax treatment of acquisitions and initial …

the authors estimate positive wage premia of cross-border merger and acquisitions (M&As), suggesting that foreign …

shareholders during a takeover attempt. We construct our experiments to reflect the dynamics of unconditional bidding suggested by …