Erel, Isil; Liao, Rose C.; Weisbach, Michael S. - 2009
-border mergers occurring between 1990 and 2007. We first
characterize the patterns of who buys whom: Geography matters, with firms …, from 23 percent of the
total merger volume in 1998 to 45 percent in 2007. Some of these cross-border mergers occur for … merger propensities using a sample of 56,978 cross-border mergers occurring between
1990 and 2007.
In contrast to most of …