this, the UK government has pursued an active policy of hospital merger. These mergers are initiated by a regulator, acting … on behalf of the public, and justified on the grounds that merger will improve outcomes. We examine whether this promise … involved in a merger, but that politics means that selection for a merger may be random with respect to future performance. We …

form of takeover (tender versus merger) and whether the bid is contested, cash offers provide substantially higher wealth …

merger announcements. Further, the negative economic impact of DC scheme risk on synergistic value from mergers is even … larger than that of DB scheme risk. These results are robust to potential biases due to self-selection by merger partners and …

claim by studying the effect of a national merger between two large Dutch supermarket chains on prices and on the depth as … merger's effects, controlling for selection on observables when defining our control group through a matching procedure. We … show that the local change in competitive conditions due to the merger did not affect individual products' prices but it …

The McGill's/AWS merger was cleared by the UK Competition Commission mainly on the basis of its belief that the threat … of entry would be sufficient to prevent unilateral effects from arising post-merger. This is very close to argue that … information on frequencies and fares suggests that the entry threat may have not been a strong disciplining force post-merger …