This paper examines whether gains in bank megamergers occur due to efficiency improvements or the exercise of market … power using financial statement line item forecasts from Value Line to infer the effect of the merger on prices and … quantities. The average megamerger is associated with cost-efficiency improvements. In the cross-section, efficiency gains are …

A merger occurs when a bidder firm offers to purchase the control rights in a target firm or when a target firm … solicits bids from a bidder firm to purchase the control rights. Predicting merger candidacy is important to measure the price … predicting merger candidacy. We use a comprehensive dataset that covers the years 1979 to 2004 and includes all deals with …

Horizontal-merger price simulations, which rely upon pre-merger data to predict post-merger prices, have been proposed …-run pricing effects of merger in the Korean automobile industry for the period 1991-2010. This period saw the merger of Hyundai … and Kia Motors in 1998, a merger caused by the Asian economic crisis and which resulted in the conglomeration of 70 …

I study the predictability of the EC’s merger decision procedure before and after the 2004 merger policy reform based … concerns in markets affected by a merger, I find that the predictive performance of the random forests is much better than the … concerns. Secondly, postreform, DG Comp seems to base its assessment on a more complex interaction of merger and market …