apply the framework to a Cournot model with cost synergies and a Bertrand model where acquisitions extend the product …

apply the framework to a Cournot model with cost synergies and a Bertrand model where acquisitions extend the product …

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 …

This paper proposes an explanation as to why some mergers fail, based on the interaction between the pre … integration efforts, counting on the partners to adapt. We explain why mergers among partners with closer corporate cultures can …

conglomerate mergers, a corresponding critical level of synergies is made explicit, and moral hazard-induced effects are deducted …Managers promises of future synergies are a common means to convince shareholders that an intended merger will raise … remains non-synergetic, and will not necessarily gain even if positive synergies can be realized. In a simple model of …