aspects of mergers and acquisitions that cause financial synergies are therefore important for the assessment of unilateral …The thesis investigates the impact of endogenous financial synergies on the product market behavior of merging firms …. Examining a diversifying merger of risk-neutral firms in unrelated product markets, it finds that purely financial synergies …

This paper proposes an explanation as to why some mergers fail, based on the interaction between the pre- and post … course of action, the merger goes ahead but fails. Our unique equilibrium allows us to make predictions on which mergers are …