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The existing literature concerning the impact of cross-border merger activity on domestic wages can be split into two … and merger activity for US industry sectors over the 1986-2001 period in order to test the impact of cross-border merger …
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It is commonly perceived that firms do not want to be outsiders to a merger between competitor firms. We instead argue … that it is beneficial to be a non-merging rival firm to a large horizontal merger. Using a sample of mergers with expert … merger announcement date. Further, we find that the stock reaction of rivals to merger events is not sensitive to merger …
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