-oriented regime for merger control increases banks’ stock prices, whereas it decreases those of non-financial firms. Moreover, bank … merger targets become more profitable and larger. A major determinant of the positive bank returns, after controlling inter … institutional setup for supervisory bank merger reviews. Thus strengthening competition policy in banking may generate positive …

protection, accounting standards and capital market development in the partner exchange’s country, the higher the merger and …

and more hostile than has previously been suggested. It provides a complete breakdown of ownership and take-over defence …

Under the principle of the Failing Firm Defense (FFD) a merger that would be blocked due to its harmful effect on …-competitive alternative purchase, (iii) absent the merger, the assets to be acquired would exit the market. This paper focuses on potential … anti-competitive effects of a myopic application of the third requirement by studying consequences of a horizontal merger …

to take-over by outsiders who will run them as for-profit businesses. This paper studies takeovers of cooperatives. We …