Do shareholders of acquiring companies profit from acquisitions, or do acquiring CEOs overbidand destroy shareholder …

Do shareholders of acquiring companies profit from acquisitions, or do acquiring CEOs overbid and destroy shareholder … an informative estimate of the causal effect of mergers in our sample. Existing measures of long-run abnormal returns …

for the savers. Given the adverse implications of banking mergers for a competitive environment, we argue that to maintain …

Valuing and identifying synergies in mergers and acquisitions is one of the important issues in Corporate Finance. The … aim of this paper is to value the impact of synergies resulted from mergers/acquisitions in the European pharmaceutical …

The purpose of this paper is to analyze the mergers and acquisitions waves that marked the European Union and to …&A (mergers and acquisitions) wave took place in the late 90s (1997-2000), the last wave began around 2003 and ended quickly, in … an increase in mergers and acquisitions activity. We analyzed the evolution of M&As in the European Union, both of the …

-deregulation industry performance. Consistent with this hypothesis, I find that post-deregulation mergers serve a contractionary role …. Bidders and targets in post-deregulation mergers are poor performers prior to the merger and operate with significant excess … capacity. Consistent with the hypothesis that post-deregulation mergers represent a form of exit, the frequency of cash and …