We explore the connection between firm's market threats from product market and corporate takeover activities. Using … while firms locate in lowly fluid market experience more instabilities in competition environment. Post-takeover performance …-makings, and firms generally takeover targets locate in environment of similar market threatening, even after controlling for …

Largely constant average acquirer returns over the past four decades mask fundamental changes in the takeover market … the 1980s. Offsetting this increase, the average bidder-specific component has declined. We propose a theory of bidder …-specific synergies to help interpret these opposing trends. In our theory and in the data, acquirer returns increase with the extent to …

1999 to 2006. Applying propensity score matching techniques we estimate positive wage premia of cross-boarder merger and …

association with post-merger patenting is mainly driven by patents invented in the countries of the acquirers headquarter and its …

1999-2006. Applying propensity score matching techniques we estimate positive wage premia of cross-boarder merger and …