Alexandrou, George; Gounopoulos, Dimitrios; Thomas, Hardy M. - In: Transportation Research Part E: Logistics and … 61 (2014) C, pp. 212-234
In this comprehensive study of all shipping mergers and acquisitions from 1984 to 2011 we document that the … shareholders of both acquirers and targets realise average abnormal gains of 1.2% and 3.3% respectively and both parties gain more … the EU repeal of exemption from competition and the US Ocean Shipping Reform Act, affect the marginal merger propensity …