Elfakhani, Said; Ghantous, Rita; Baalbaki, Imad - In: Applied Financial Economics 13 (2003) 8, pp. 609-622
Historically, financial markets have witnessed several consolidation trends. The year 1998, however, surpassed them all in volume and size of individual deals. This paper utilizes the event study approach to analyse the mega-mergers that took place in the banking industry during 1998, namely...