effects of first-order importance: they earn 1% higher merger announcement returns. Conversely, their targets get a lower … share of the merger gains. Acquisitions by supply chain CEOs also exhibit higher synergies, better post-deal accounting …

Merger control exists to help safeguard effective competition. However, findings from a natural experiment suggest that … regulatory merger control reduces the profitability of corporate acquisitions. Uncertainty about merger control decisions reduces … takeover threats from foreign and very large acquirers, therefore facilitating agency-motivated deals. Valuation effects are …

minority shareholders. While a freeze-out executed as a statutory merger is subject to stringent entire fairness review, the … shareholders, on average, when it uses a tender offer compared to a merger. This difference between tender offers and mergers seems …-thirds of post-Siliconix freeze-outs still proceed through the traditional merger route. I present some evidence that …

I analyze the acquirers in both withdrawn and completed merger deals to disentangle the effects of signaling from those … withdrawn counterparts over the six months following initial announcement. However, if an announced stock merger later falls …