objects at mergers and acquisitions with regards of process design peculiarities of managerial decisions allows maximum … reasons to make a bargain on M&A is intention to obtain positive synergy effect because basing on management theory its … integrated formation, which is the key technique tool for mergers and acquisitions …

Largely constant average acquirer returns over the past four decades mask fundamental changes in the takeover market … the 1980s. Offsetting this increase, the average bidder-specific component has declined. We propose a theory of bidder …-specific synergies to help interpret these opposing trends. In our theory and in the data, acquirer returns increase with the extent to …

Defending a challenged merger on the basis of synergies requires an analysis of the likely pass through to consumers of … functions. The marginal cost reductions necessary to fully compensate for the price-increasing effects of a merger, however, do … not depend on these things. This implies a close relationship between pass-through rates and the price effects of mergers …

induces strictly price-decreasing mergers. Finally, under incomplete information an effcient merger type is to be doomed to …We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency … applies a consumer surplus standard. Remedies increase the scope for profitable and acceptable mergers, while divestitures to …