mergers of equals and show that in both cases closure happens inefficiently late …

banks in individual EU countries help to explain the nature of cross-border merger activity. If they wish to protect …

The merger of Fleet and BankBoston in September 1999 resulted in a regional New England lending market in which only … one large, universal bank remained. We explore the extent to which that merger resulted in monopoly rents for the combined … merger, Fleet and BankBoston charged unusually low loan interest rates, reflecting their ability to realize economies of …

allow CLECs to lease their local network facilities was established in the Telecommunications Act of 1996 as part of a quid …

This paper presents estimates of the tax benefits generated by a sample of U.S. mergers and acquisitions involving two … of 1986 will have a small impact on U.S. mergers and acquisitions … public corporations over the period 1968-83 and estimates a "marriage model" based on differences between these mergers and …

relatively low in value added per employee at the time of takeover and before, a characteristic we take to indicate relatively …-term recoveries after takeover from the misfortunes of the takeover year and a return to higher growth rates of employment and output … year or two after takeover but seem to have increased their profitability or efficiency relative to their industries. The …

Most US mergers are not reported to the government on the basis of their size, which can effectively exempt them from … dialysis industry. Over two decades, dialysis providers attempted over 4,000 facility acquisitions, half of which were not … find that exemptions severely limit enforcement. Most striking, proposed facility acquisitions that would result in …

Despite the fact that one-third of worldwide mergers involve firms from different countries, the vast majority of the … academic literature on mergers studies domestic mergers. What little has been written about cross-border mergers has focused on … public firms, usually from the United States. Yet, the vast majority of cross-border mergers involve private firms that are …