In this study, we examine unsuccessful takeover attempts for new evidence on whether mergers create or destroy value … literature on signaling by investigating whether a takeover attempt signals investors about the quality of firm management as … partially, but not completely, reversed by termination announcement returns, evidence that the merger proposal itself contains …

The valuation of synergy is vital to the success of any merger, however, given current valuation methodologies and the … complexity of the task; it is also the most challenging element of merger and acquisition pricing. Conventional valuation methods … elements and relations. If such a delicate system is segmented due to a merger, the outcome measured in turnover and profit …

The article tackles the key-points of the European Commission decision clearing a complex merger in which a situation … of ex-post near-monopoly was created. The article mainly deals with the counter-factual analysis where the merger would … briefly mentions the 2002/2003 debate preceding the adoption of the new EC merger regulation 139/04: the scope of the EC …

Nowadays high profile merger cases are becoming quite important and are taken as milestones of legal systems that … of the decisions made by the European Commission, as well as, the US Department of Justice in the merger case of two … competitive effects produced by such possible merger and the possible solutions in case of anticompetitive outcomes. The …

In current horizontal merger policy in the US and the EU an explicit efficiency defense is allowed. On both sides of …’ potential to harm consumers in the relevant market. Current merger policy is implicitly based on the assumption that rational … managers will only propose privately profitable mergers. In this thesis I will show that the empirical evidence on merger …

occurs either with a merger, a partial merger, an acquisition or, most commonly, a failed rival league. Often the incumbent …