Čirjevskis, Andrejs - In: Journal of risk and financial management : JRFM 14 (2021) 9, pp. 1-20
Applying the real options valuation to measure merger and acquisition (M&A) synergy is highly debatable, with questions arising from the usefulness of this approach in real-world settings. Understanding the full benefits (and possible limits) of real options applications to measure synergy in...