243 mergers, we analyze motives for and cost effects of small-scale mergers in German banking. Estimating a frontier cost … if the merged unit closes part of the former branch network. When we compare actual mergers to a simulation of … hypothetical mergers, size effects of observed mergers turn out to be slightly more favorable than for all possible mergers. Banks …

We analyze the takeover premiums paid for a sample of European bank mergers between 1997 and 2007. We find that …

This paper studies the impact of European bank mergers and acquisitions on changes in key safety and soundness measures …

employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the … regulatory intervention history to distinguish between distressed and non-distressed mergers. We find that, among merging banks …-distressed mergers have worse CAMEL profiles than our control group. In fact, non-distressed mergers may be motivated by the desire to …

The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate …

horizontal merger activity. We propose a theoretically-backed methodological approach to classify mergers that yields more … information on merger types and merger effects, and that can, moreover, distinguish between mergers characterized largely by … collusion-based synergies and mergers characterized largely by efficiency-based synergies. Crucial to the proposed measurement …