Becher, David A.; Campbell, Terry L. - In: Journal of Financial Research 28 (2005) 1, pp. 1-20
We examine a sample of 443 bank mergers between publicly traded banks announced during the 1990s to investigate empirically the role of full interstate banking deregulation. The pre-deregulation 1990s are characterized by value creation, with mergers involving a high degree of branch overlap...