Foros, Øystein; Jarle Kind, Hans; Shaffer, Greg - In: European Economic Review 55 (2011) 7, pp. 916-926
We compare the profitability of a merger between two firms in which one firm fully acquires another and the profitability of a partial ownership arrangement in which the acquiring firm, although owning less than 100% of the acquired firm, is nevertheless able to obtain corporate control over all...