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 …

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 …