Merger value is frequently evaluated in single market contexts without considering possible gains stemming from firms … multimarket firms create incremental value. We establish a simple theoretical model that determines merger value in a multimarket … firm environment. The model enables us to derive merger values as being independent of post-merger market shares, but …

inputs and outputs. Results are mixed for outcomes related to variety and product quality. Literature on merger effects on … derive a number of ideas and options for merger policy. …

their aspiration level. Post-merger performance pattern confirm that family firms are able to create long-term value through … behavioural agency predictions, but can be reconciled with theory through a mixed gambles' lens. …

when taking merger decisions. In practice, firms and competition authorities cannot know exact future efficiency gains …, prior to merger consummation. This paper analyzes horizontal mergers when the output decision-making process is sequential … of "Merger Approval", the paper emphasizes the timing of regulatory intervention and distinguishes two different merger …

This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …

macroeconomic conditions. Our results support the notion that mergers are often undertaken to seize growth opportunities. -- merger …