obtained for this wide class of models is associated with mergers not happening in isolation but rather bunching together. I … extend the results to the analysis of cross-border mergers, studying two standard models that satisfy the sufficient …

framework, JVs become less important while acquisitions can play a more important role in accessing resources that are …

that allows for multi-partner mergers. Using Finnish municipal merger data where mergers were decided independently at the … local level, we find that merger decisions are largely in line with voter preferences. Most importantly, mergers are clearly … prefer mergers where post-merger political competition is lower which indicates a concern for re-election. Interestingly …