Disaster recovery professionals often focus on activities such as coalition building, grant development, and technical assistance in impacted communities. While these capacity-building activities are crucial for setting a solid foundation to help any disaster-affected community, direct rebuild...

We study post-acquisition performance of US public utilities that acquired other US exchange listed firms during 1996-2002. We find that acquirer shareholders do not gain any abnormal returns from the acquisition over the two years following the acquisition and there are no unexpected gains in...