Duso, Tomaso; Gugler, Klaus; Yurtoglu, B. Burcin - 2006
Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors …, we contrast a measure of the merger's profitability based on event studies with one based on accounting data. We find … case of anticompetitive mergers. …