Davis, Steven J.; Haltiwanger, John C.; Handley, Kyle; … - 2021
, depending on buyout type and external conditions. Employment at target firms shrinks 13% over two years in buyouts of publicly … listed firms but expands 13% in buyouts of privately held firms, both relative to contemporaneous outcomes at control firms …. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both …