Chronopoulos, Dimitris; Girardone, Claudia; Nankervis, John - In: Journal of Financial Services Research 43 (2013) 3, pp. 243-263
This paper examines whether the stock markets price changes in operating efficiency as a result of bank mergers and if the premiums paid by the acquiring banks also reflect these changes. The sample covers mergers and acquisitions consummated in the US and Europe during the period of 1997 to...
