, we highlight that setting the conditions of payment is an endogenous part of a takeover agreement between the acquirer … element for conveying private information on the gains of synergy and the gains that result from the transaction. In our model …

'OPA/OPE. Nous prenons ici le cas de la communication sur les synergies attendues des opérations. L'étude empirique porte sur un … sur les synergies. Le rôle déterminant du moyen de paiement en tant que caractéristique de l'offre est mis en exergue. En …

, prenant appui sur la théorie des capacités (Choquet, 1953) et relaxant le postulat standard d'additivité des valeurs, nous …

adopt new strategies : merger, simple or mutual links of interoperability. We develop a model of industrial organization to … practice" of postmarkets incites them to accept this type of agreements. On the other hand, a merger between incumbent clearing … houses can occur under some conditions. The merger is beneficial to these last ones as well as to the investors, but it is …

/renewed form of knowledge) in post merger phases. In these researches, Knowledge integration appears as a key issue for the success … on an empirical study of a merger between 3 French public administrations, we propose a framework to analyze individual …

merger is accepted with an attendant risk of collusion with the benchmark case in which competition is present ex-post. The … collude if a merger is rejected. In fact, firms can have incitations to make collusion ex-post (after a rejection of a merger …