. Suggestions for future empirical work based upon the models’ predictions and implications for antitrust policy are also discussed. …

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 …

This study is undertaken to investigate the extent to which mergers lead to efficiency by which services are provided …, which includes the pre-merger years and the post-merger years. This study attempts to evaluate technical efficiency … latter accounted for 0.2% decline; (3) the merger process led to productivity improvements whereby, it is observed that the …

previous crises. However, we do not find conceptual (empirical) studies that study foreign mergers or acquisitions with respect … cross-border mergers and acquisitions (CB-M&As). We select 26 countries and employ the adjusted event-study method to find …

I evaluate the welfare effects of the 1997 merger between Boeing and McDonnell Douglas in the medium-sized, wide … innovation in a dynamic game to quantify merger efficiency. Merger efficiency from learning-by-doing is then disentangled from …-McDonnell Douglas merger come from accelerated learning-by-doing. Taking account of all static and dynamic effects, net consumer surplus …

Analysts of air travel markets, which include antitrust authorities, are interested in understanding the extent to …

-ownership acts as an anti-competitive device that indeed tends to reduce social welfare with the corresponding anti-trust …