The merger of the Union Pacific and Southern Pacific Railroads was proposed in August 1995 and received regulatory … approval in July 1996. From its proposal onward, the merger has sparked considerable controversy. This paper reviews the … background to the merger, the arguments that were set forth by the merger?s proponents and opponents, the eventual decision by …

Can a merger from duopoly to monopoly be detrimental for profits? This paper deals with this issue by focusing on the … highlighted that a wage ‘non‐rigidity’ result applies: the post‐merger wage is higher than in the pre‐merger equilibrium. Second …, it is shown that a ‘reversal result’ in relation to merger profitability actually realizes when the union is sufficiently …

This article is concerned with the recent merger of five German unions to form the new multi-industry union, ver ….di. Its focus is on the effects of the merger and on developments in the post-merger phase. The article explores the various …

This article studies the restructuring process following a cross-border merger between two pharmaceutical companies …

We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under … unions organising workers. If the input suppliers are plant-specific, we find that a merger is more profitable than in a … take part in a merger than being an outsider. For firm-specific input suppliers, on the other hand, results are reversed …