We review historical and current research on mergers and acquisitions. The literature is extensive. After a discussion of earlier survey articles (our “survey of the surveys”), we provide a review of more than 120 M&A related-articles published in leading finance journals since 2011. A basic...

The objective of this paper is to use laboratory experiments to test the dynamic theory of free riding among the target shareholders during a takeover attempt. We construct our experiments to reflect the dynamics of unconditional bidding suggested by Harrington and Prokop (1993) and the dynamics...