Showing 1 - 10 of 16
Purpose: Mergers and acquisitions (M&A) have become a popular vehicle for domestic as well as international companies …
Persistent link: https://www.econbiz.de/10011107682
In our sample of 1,937 US mergers (1995 to 2011), 8.4 percent of all targets received oers with negative premiums where the initial bid undercuts the pre-announcement market price. We theoretically show that target overvaluation, market liquidity and `hidden earnouts', where target shareholders...
Persistent link: https://www.econbiz.de/10011110570
acquisitions integration strategy. The explored CoBO propositions may be useful in various implications such as information …
Persistent link: https://www.econbiz.de/10011267864
The paper intends to review, summarize and discuss various institutional laws refer to mergers and acquisitions (M …
Persistent link: https://www.econbiz.de/10011240209
In this paper we analyze incentives for a potential entrant to get into an oligopolistic Cournot-like market by taking over one of the incumbents and we derive the conditions under which the hostile merger is possible and profitable. The key-feature is that the target of the takeover is...
Persistent link: https://www.econbiz.de/10005014712
This paper analyses the employment effects of mergers and acquisitions by using matched establishment-level data from …
Persistent link: https://www.econbiz.de/10005622076
We consider a takeover in which risk neutral bidders must incur participation costs and study their optimal strategy. We found that bidders decision of participation is endogenous. There is a threshold of private participation cost above that a potential bidder will stay out of takeover process....
Persistent link: https://www.econbiz.de/10009004201
Consolidation, Combination and Diversification (CCD’s) in the emerging globalized market leads to competition and escalating the monopoly power. Given the increasing liberalization of rules, regulations and law, a number of firms are going beyond national borders and making deals triumphant....
Persistent link: https://www.econbiz.de/10011110076
This paper considers the possibility of monopolizing a three-firm industry through acquisition of rivals in the absence of the restrictions imposed by the antitrust authorities. The analysis is conducted in two models: a static and a dynamic model of monopolization by a single buyer. In contrast...
Persistent link: https://www.econbiz.de/10011112038
mergers or acquisitions as well as exhibiting a central tendency to focus heavily on price and customer attraction. Based on …
Persistent link: https://www.econbiz.de/10011260923