An emerging literature highlights the relationship between competitive intensity and the likelihood that two rival firms will form an alliance. Placing this argument in an international context, we first suggest that the global competitive intensity between two rival multinationals positively...

We rely on organizational learning theory and strategic momentum research to examine the international merger and acquisition (Mamp;A) activities of a sample of Samp;P 500 firms. We hypothesize that the learning associated with a firm's prior acquisition experience increases the likelihood the...