Value Gedankens und trägt insofern den modernen Erkenntnissen der Unternehmensbewertung Rechnung. …

Applying the real options valuation to measure merger and acquisition (M&A) synergy is highly debatable, with questions … real options applications to measure synergy in cross-border merger activities remains a challenge. The main objective of … providing relevant synergy measurement models in M&A deals. Second, the paper contributes to "grand challenges'' research topics …

Largely constant average acquirer returns over the past four decades mask fundamental changes in the takeover market …