This paper provides a systematic empirical analysis of the effects of merger and acquisition activity on profitability …-1991. It finds that both profitability and wages rise following acquisition, and firms that merge within the same industry … division experience larger increases in profitability and pay their workers higher wages than those engaged in unrelated …

This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … responsible for the latest wave. The impact of merger activities on profitability and employment growth are studied by using the … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis …