Andreou, Panayiotis C.; Louca, Christodoulos; … - In: Transportation Research Part E: Logistics and … 48 (2012) 6, pp. 1221-1234
This study investigates valuation effects of mergers and acquisitions in the freight transportation industry. It is … found that mergers and acquisitions create synergistic gains, especially tender offers, consistent with the view that … freight transportation mergers and acquisitions occur for synergistic reasons rather than management’s desire for empire …