larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases … on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger …

's stand-alone value and a component of the synergies that would be realized by the merger involving his firm. We characterize …, hence transfers can be made contingent on the new information accruing after the merger. Second, we study the case of … identify necessary and sufficient conditions for the implementability of efficient merger rules. In the second case, we show …

Die vorliegende Untersuchung betrachtet die Zusammenarbeit mit dem lokalen Produktmanagement bei der internationalen … Produktmanagement liegt. Innovationsabteilungen und Lead Countries spielen eine untergeordnete Rolle. Trotz der in der Literatur … lokalen Produktmanagement als tendenziell positiv beurteilt. Verbesserungspotentiale werden in einer besseren Information des …

and other influences by examining merger patterns for both listed and unlisted firms. If "real" changes in the economy … drive merger waves, as some neoclassical theories of mergers predict, both listed and unlisted firms should experience waves …. We find significant differences between listed and unlisted firms as predicted by behavioral theories of merger waves. …

that operate partially on a joint tram network. Merger gains are then decomposed into individual technical efficiency …