Huyghebaert, Nancy; Luypaert, Mathieu - Faculteit Economie en Bedrijfswetenschappen, … - 2010
This paper empirically investigates the industry determinants of M&A value creation and the division of M&A gains in a sample of horizontal acquisitions in Europe during the period 19972008. Our results show that industry sales concentration and the ratio of combined target and bidder size...