This paper analyzes a merger of large manufacturers with divestiture in the French coffee market. In contrast to …

vertical mergers. Using public data from the Comcast-Time Warner-Adelphia Merger Order of the Federal Communications Commission …

-period model allows for the arrival of new information and renegotiation after the signing of an initial merger agreement but … to the target to terminate the merger, where the strike on the option compensates the acquirer's deal-specific effort … without imposing excessive costs on the target for pursuing non-merger alternatives. The option strike can be implemented by …

-period model allows for the arrival of new information and renegotiation after the signing of an initial merger agreement but … option to the target to terminate the merger, where the strike on the option compensates the acquirer's deal-specific effort … without imposing excessive costs on the target for pursuing non-merger alternatives. The option strike can be implemented by …

the effects of a vertical merger of U and A. For simplicity, we assume linear demand and no production costs. We show that … simultaneous pricing model. In both models, a merger of U and A leads to an input price increase to B (raising rival's cost) but … model. We also show that, in the simultaneous pricing model, the merger leads to an output price reduction for both A and B …