performance implications of international expansion via alliances and mergers, and their relationship to the so-called asset … multinationality. We argue that the growth of cross-border acquisitions and alliances as modalities for international expansion has …

respond to horizontal mergers with price increases as predicted and marginal cost synergies exert the predicted the power …This paper reports an experiment conducted to examine market performance and mergers in an asymmetric differentiated … problematic mergers. …

performance than their host country rivals. Specifically, our results show that foreign acquisitions generally increase the local … acquisitions that occurred in Italy in the period 1994-1997. …

Using data for 755 acquisitions of manufacturing firms in the UK over a seven year period from 1990 to 1996, we find … dip is seen for UK, US and the rest of the world acquisitions and is of the magnitude of between 6 and 9%. Similar to …

Agreements?" American Economic Review, June 1985, 75, 3, 539-46], it is shown that vertical mergers and exclusive dealing … contracts are not behaviorally equivalent. In particular, vertical mergers will not lead to foreclosure of rivals for … anticompetitive reasons, while ordinary exclusive dealing contracts will lead to such anticompetitive foreclosure. Vertical mergers …

predict the price and welfare effects of horizontal mergers in differentiated products industries. Simulation using a …

In this paper we consider an argument, often used in the City and the press, that mergers take place more because of …

had been before or has been since. For six announcements of supermarket acquisitions during this period, this study … examines the abnormal stock returns of rival firms to determine if investors believed these acquisitions would lead to higher … types of acquisitions ranges from a 0.12% decrease to a 0.05% increase. Thus, our results suggest that investors generally …

consummated mergers. One of the mergers studied was the 1998 acquisition by New Hanover Regional Medical Center ("New Hanover") of …